Ralph Lauren doesn’t seem too happy about a leader of its footwear and accessories divisions taking up a job with rival brand Tory Burch.
But Ralph Lauren claims that the move is technically in violation of a six-month noncompete provision in her employment contract, as she left Ralph Lauren at the end of February 2020 and took up with Tory Burch the following month, a company allegedly listed as a competitor under the terms of Schneider’s employment contract. And Ralph Lauren claims that it had to demand the disclosure of Schneider’s new employer through a legal letter.
While Ralph Lauren is not attempting to end Schneider’s employment with Tory Burch, it is demanding that she be ordered to pay the company just under $80,000 for the value of vested stock shares she was granted over the course of her work with Ralph Lauren. It claims that repayment is a stated term of her employment contract, should she violate its provisions, including her noncompete period, along with confidentiality and nonsolicit agreements.
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