Trey Darwin, the chief financial officer for US apparel business Hampshire Group, has had his position terminated.

The decision was effective from 2 March and Darwin's role is currently being covered by CEO Paul Buxbaum, and chief operating officer, David Price. They are currently overseeing the company’s finance and reporting functions out of the Hampshire’s South Carolina office.

Hampshire is hoping to hire an interim CFO within a week while commencing a search for a permanent finance chief.

Last month, Hampshire cut its sales and earnings outlook for the fourth quarter, blaming the cancellation or delay of December deliveries and quality issues from a key fabric supplier.

Darwinjoined Hampshire in May 2013 from Haggar Clothing Co. where he was the director and vice president of finance.