What’s next in store? Ralph Lauren steps down as CEO
The creator of his namesake fashion powerhouse, Ralph Lauren, identified by the ill-famed polo player symbol, declared he will soon be stepping down as chief executive officer of his precious business.
Nevertheless, Ralph, who continues to be at the helm of the label which he founded almost half a century past, is not going to be stepping back fully: Larsson will report to him, as he intends to stay onboard as chief creative officer and executive chairman.
In a interview following his statement with the The New York Times, Lauren said, “When they begin designing things I can not comprehend, I Will stop but I do not feel like I am stepping back now.”
The lovers of Polo, RRL, and Purple Label comprehend what a big deal this is: the guy is a style star. Fret not, we are confident Mr. Lauren’s placing the destiny of his business in great hands!