One of the fashion industry’s most iconic figures, Ralph Lauren, has announced that he will step down as chief executive of the company bearing his name.
The 75 year-old confirmed that he will hand over the reins to one of the US’s most iconic brands to Stefan Larsson who was most recently the global president of Gap’s Old Navy division.
Lauren is not leaving the company completely though, after stepping down as chief executive in November he will become executive chairman and chief creative officer as well as sit on the company’s board of directors.
A statement released from the fashion house Read full story ›
Source: The Drum
Industry News