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American Apparel sues Charney
Photo: Dov Charney
Los Angeles – In the latest set of dueling lawsuits to hit a major retailer, American Apparel is suing its founder and ousted CEO Dov Charney for violating a standstill agreement with the company. Standstill agreements typically limit the amount of stock in a company a party can buy during a certain period of time.
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Ralph Lauren board member resigns, consults with company
New York – Sean P. Murphy has been hired as a consultant to advise management regarding strategic and other business matters. As a result, Murphy has resigned from Ralph Lauren’s board of directors.
Murphy served on Ralph Lauren’s board since November 2005. He was the CEO of Christie’s International from September 2010 through December 2014. He previously served as the president and CEO of Rodale Inc. from 2002 to December 2009, and joined Rodale in 2000 as its president and COO.

