Ralph Lauren

American Apparel Inc. is launching a restructuring plan aimed at cutting costs as the retailer looks to turn around its struggling business.

The retailer said it would be closing stores, cutting jobs and unveil a new fall line.

New York -- Upscale women’s apparel and accessories company Tory Burch named longtime retail veteran Roger Farah co-CEO as the fast-growing brand looks to expand into a global player. He will share the title with founder and current CEO Tory Burch who will remain chairman. Burch is also the company's largest shareholder.

Simon, a global leader in retail real estate, has appointed retail and real estate executive Stephen Yalof as CEO of premium outlets and senior EVP of Simon.

Yalof has served as SVP of real estate for Ralph Lauren Corporation since 2002. His 15 years of experience within the retail industry also includes his role as senior director of real estate for Gap. Yalof began his career in real estate under the leadership of Arnold Labich at New Plan Realty Trust, and became VP of leasing for their factory outlet business.  

Indianapolis – Simon has named retail and real estate executive Stephen Yalof as CEO of premium outlets and senior executive VP of Simon. Yalof has served as senior VP of real estate for Ralph Lauren Corp. since 2002.
 
His 15 years of experience within the retail industry also includes his role as senior director of real estate for Gap. Yalof began his career in real estate at New Plan Realty Trust, and became VP of leasing for their factory outlet business. 

Under Armour is continuing its drive toward domestic and international growth by bolstering its senior executive team. The brand has elevated chief operating officer Kip Fulks to president of product and Henry Stafford to president of North America.  

In their new positions, Fulks will further leverage his leadership experience in product, innovation, supply chain and IT, while Stafford will oversee North America wholesale, retail marketing, global retail and global e-commerce.

Baltimore -- Under Armour announced that COO Kip Fulks has added president of product to his current responsibilities, while Henry Stafford is now serving as president of North America.
   
In the new positions, Fulks will further leverage his leadership experience in product, innovation, supply chain and IT, and Stafford will oversee North America wholesale, retail marketing, global retail and global E-Commerce.
 

NEW YORK — Ralph Lauren Corporation weathered an uneven global operating environment with resilience, resulting in better-than-expected first quarter retail sales for fiscal 2014, which increased 3% to $879 million from $857 million in the first quarter last year. 

OMAHA, Neb. — Overall sales growth in ConAgra Foods’ consumer foods segment nourished the company’s results for the fiscal 2013 fourth quarter ended May 26. 

The company’s consumer foods segment, which includes specialty potato, seasonings, blends, flavors, and milled grain products, posted sales of $2.3 billion for the quarter, an increase of 7% from $2.1 billion for the quarter last year. Its operating profit was $291 million for the quarter, an increase of 8% from $270 million for the quarter last year, while sales increased 7%.