In the response to multiple allegations of rape, sexual assault and sex trafficking against Peter Nygård, Dillard’s will no longer carry his moderate sportswear label.
The retailer said in a statement Tuesday: “In light of the serious allegations concerning Peter Nygård, which are in direct opposition to our core values, Dillard’s has refused current deliveries, canceled all existing orders and suspended all future purchases from Nygård.”
A Dillard’s spokeswoman did not respond to a query asking what will become of the existing Nygård products that are currently being sold by the retailer online and in stores.
Earlier in the day on Tuesday, investigators from the Federal Bureau of Investigation and the New York Police Department raided Nygård’s New York offices at 1435 Broadway, as first reported by the New York Post. Jim Margolin, a spokesman for the U.S. Attorney’s office in Manhattan, confirmed the seizure.
Nygard, in turn, announced through a spokesman that he is stepping down as chairman of the Nygard Companies and will divest his ownership interest.
A spokesman for Nygård issued the following statement Tuesday: “As a direct result and in furtherance of the conspiracy planned by billionaire Louis Bacon, federal agents have executed a search and seizure on Nygård offices in
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