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Ralph Lauren Corp (NYSE: RL) has sold its Club Monaco brand to the private equity firm Regent, L.P., for an undisclosed sum.
What Happened: Club Monaco is a casual clothing retailer with more than 140 locations worldwide. The company was founded in Toronto in 1985 and acquired by Ralph Lauren in 1999.
In a press statement, Ralph Lauren described the sale of Club Monaco as being part of its Fiscal 2021 Strategic Realignment Plan, which included a review of its portfolio to determine which brands are poised for sustainable growth.
“As we increase our focus on our core namesake brands, we want to ensure the Club Monaco brand is also well-positioned for long-term success,” said Patrice Louvet, president and CEO. We are confident that Regent is the right home for Club Monaco to realize its full potential, as they will be able to leverage their strategic and operational expertise to continue Club Monaco’s growth.”
What Are the Current Food Poisoning Outbreaks in the U.S.?
What are the current food poisoning outbreaks in the U.S.? There are three active foodborne illness outbreak investigations that are ongoing, and one outbreak linked to a type of bottled water, according to the Centers for Disease Control and Prevention. Those four outbreaks do not include the active E. coli O145:H28 outbreak on the FDA’s CORE Investigation Outbreak table, which has no food or facility associated with it yet.
Salmonella Hadar Ground Turkey Outbreak
The first current food poisoning outbreak is the Salmonella Hadar outbreak linked to ground turkey that was last updated on April 12, 2021. At least 28 people from 12 states are sick in that outbreak. Two people have been hospitalized because they are so ill.
Salmonella outbreak linked to ground turkey impacts 12 states, including New York
Updated 11:54 AM;
Today 11:54 AM
A package of one of the types of ground turkey linked to a Salmonella outbreak. Two people in New Jersey have been sickened.Food Safety and Inspection Service
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STATEN ISLAND, N.Y. Federal health officials triggered a public health alert for more than 200,000 pounds of raw ground turkey products due to concerns the meat could have caused Salmonella Hadar illnesses in people across 12 states, including New York.
The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) and the Centers for Disease Control and Prevention (CDC) said they were investigating the multi-state outbreak, which involved 28 people who were sickened.