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James Rhee Leaves Ashley Stewart

Earlier today, James Rhee announced that he has is no longer running plus size clothing company Ashley Stewart.

"It’s hard to believe. Friday, July 3, was my last day with Ashley Stewart," Rhee posted on his LinkedIn page. "Thanks to the colleagues, past and present, who believed in my belief in you. Seven years ago, apart from a brave few (including my FirePine Group investors), no one believed - thanks for having faith. We shocked the world - they never saw us coming."

Rhee was chief executive officer and executive chairman of the clothing company, and is credited with turning the once-faltering label into a successful brand within seven years. According to Rhee, he will continue to bring "people from all corners of my life - backed with both financial and social capital - at scale. Seems like the world could use it."