Donna Karan names John Idol of Lauren as its sole chief exec. (former Polo Ralph Lauren executive becomes Donna Karan International's chief executive)(includes related article on Wall Street's favorable reaction)

From: WWD | Date: July 29, 1997| Author: Ozzard, Janet; Curan, Catherine; Ryan, Thomas J. | Copyright information

Fashion designer Donna Karan is relinquishing the position of CEO of Donna Karan International Inc. to John Idol, a Polo/Ralph Lauren L.P. executive who will assume his new job on Aug 11, 1997. Karan says the move will enable her to focus on design. Idol, whose responsibilities at Polo/Ralph Lauren included home furnishings licensing, says his preliminary plans for Donna Karan International include retail stores and an expansion of merchandise.

When Donna Karan met with John Idol a fe...

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