Resigns Ralph Lauren as CEO

Surprising change at Ralph Lauren: the founder retires after almost half a century at the helm. Successor comes from H & M.

After nearly half a century, the US fashion designer Ralph are Lauren (75) from conducting business in his home. The Swede takes over the post Stefan Larsson in November, as the company announced on Tuesday in New York.

Ralph Lauren a few weeks ago at the presentation of his collection for spring and summer 2016. He will attend in the future to the design of the brand.

He’s the new: Stefan Larsson (l.) will be available from November of new Managing Director of Ralph Lauren

The designers of 1970. In 1967, he founded his empire, Lauren for his typically American preppy – and College-style is known.

The 75th Lauren remains but the Chairman of the Board and design Chief of the company named after him. “My job is to think about the future of our company,” said Lauren. “Stefan Larsson of extraordinarily gifted and will bring you a fresh and global perspective.”

Larsson was first 15 years at H & M and most recently the GAP Division Old Navy. Ralph Lauren started in 1967 with a tie shop, from which he created a worldwide fashion Empire. Sales of the brand was 2014 7.6 billion dollars (6.7 billion euros).

 

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