The company announced the death of its chairman and CEO in a brief statement on Sunday, saying the entire company mourns for him.
"A passionate golfer, skier, Moishes regular, toastmaster and philatelist, Jeremy was also a strong supporter of Israel and Jewish causes and a most devoted friend," reads the notice, which did not specify his age. He was also the grandson of Reitmans Ltd. founders Herman and Sarah Reitman. His brother, Stephen Reitman, serves as chief operating officer.
In 2011, the company announced that it would close its Cassis stores, which were geared towards women over 40. Three years later, it said it would also shutter Smart Set locations, which had targeted young urban professionals. Under Jeremy Reitman's tenure, the company also gained attention for a series of notable ads in the mid-aughts that pitted Reitmans' wearable fashions against haute couture looks.