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Coach executive chairman Lew Frankfort retires
Coach has announced that executive chairman Lew Frankfort plans to retire upon his term’s expiration. He will not stand for re-election to the board at the company’s annual meeting of stockholders in November.
The company intends to bestow upon him the honorary title of chairman emeritus at that time.
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Tory Burch names retail vet Roger Farah as co-CEO
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.