Neil J. Katz resigned Tuesday as chairman and chief executive officer of Parlux Fragrances Inc. because of differences with the board regarding the direction of the firm. Company founder Frederick E. Purches has been named to succeed him.
“It was a very difficult year,” Katz said in an interview. “We introduced a lot of brands, and the economy was very difficult.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"