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Article: BRIEFING: POLO RALPH LAUREN...MARK WEIKEL...VF CORP....HICKEY FREEMAN.(Polo Ralph Lauren buys stake in Ralph Lauren Media LLC)(Mark Weikel joins Lord & Taylor)(VF Corp. appoints Aidan O'Meara)
- Article from:
- Daily News Record
- Article date:
- April 2, 2007
- Author:
CopyrightCOPYRIGHT 2007 Fairchild Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Nikki Feldman
Polo Ralph Lauren bought out the 50 percent ownership stake of Ralph Lauren Media LLC held by a subsidiary owned by NBC Universal and ValueVision Media Inc., giving Polo full ownership of the Polo.com operation. The acquisition was a cash transaction of $175 million.
Mark Weikel will join Lord & Taylor as COO on April 9. Weikel is currently president and chief operating officer of Victoria's Secret Stores, and will report to Lord & Taylor president and CEO Jane Elfers in his new post. The position had been vacant since October 2005 when Richard Clausing left the company.
VF Corp. has named Aidan O'Meara president, VF Asia ...