It’s really been what’s been on trend in the fashion world. Some of it has surprised, some of it has been plain ol’ sad. But change is inevitable.
And Ralph Lauren is not impervious to it.
Indeed, the 75-year-old iconic American designer has announced that he is stepping down as CEO of his company, and that Swedish-born fashion exec Stefan Larsson (Old Navy, H&M) will be taking over in order to revitalize the Ralph Lauren Corporation’s finances.
Money. It is usually the harbinger of change.
Ah, but do not fret: Creatively speaking, Lauren will stay on as chief creative officer (and to hold an executive chairmanship) – so you know his spirit will be all over the company still.
Photo: Bloomberg.com.
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