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Stock Market & Financial Investment News

News Breaks
May 9, 2014
08:08 EDTRLRalph Lauren announces retirement of Executive Vice Chairman Roger Farah
Ralph Lauren Corporation announced that Roger Farah, Executive Vice Chairman, will retire from the company at the end of May. Farah will remain on the company’s Board of Directors until the expiration of his term on the date of the company’s 2014 Annual Meeting of Stockholders in August.
News For RL From The Last 14 Days
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October 15, 2014
06:12 EDTRLNike's Converse sues rivals over 'copycat' design, NY Post reports
Converse, a unit of Nike (NKE), is suing rivals including Ralph Lauren (RL) and Tory Burch, alleging that shoemakers and retailers are copying its iconic design, the New York Post reports. Lawyers for Converse say "We welcome fair competition, but we do not believe companies have a right to copy the trademarked look." The lawsuit seeks unspecified damages and injunctions that would bar the production of the rival shoe models. Reference Link

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