US: Elie Tahari accuses ex-business partner of fraud
Clothing designer Elie Tahari has accused ex-business partner Andrew Rosen of "fraudulent self-dealing" connected to the sale of the Theory brand in 2003.
According to a lawsuit cited by The Wall Street Journal, Tahari said Rosen had plotted to "steal" the brand and expand it globally without Tahari, falsely claiming he was planning to retire.
Tahari is seeking US$182m in damages, the journal said.
Rosen was quoted as saying the allegations were "completely baseless".
Help test our new apparel sourcing tool.
- Outlook 2017 – What else is the industry watching?
- Outlook 2017 – What next for apparel sourcing?
- Outlook 2017 – Strategies for sourcing success
- Is China about to burst its apparel trade bubble?
- Outlook 2017 – Challenges and opportunities
- M&S quality focus finally lifts clothing sales
- 22 dos and dont's – When sourcing goes wrong
- MAS Holdings planning second industrial park
- Sri Lanka on track to regain EU GSP+ benefits
- Update - Bangladesh "business as usual"
- Global apparel markets: product developments and innovations, October 2016
- Outdoor performance apparel 2016: A broader perspective
- Global market review of lingerie – forecasts to 2022
- Anti-odour clothing: fresh fashion for an active lifestyle
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar