Of Fashion: What’s Next for Ralph Lauren?
New York — For the first time in its 48-year history, Ralph Lauren’s fashion empire has new leadership. Stefan Larsson inherits a label with rich heritage and global name recognition. But it’s also one that’s grown a bit stodgy and stale. Ralph Lauren’s had a rough year. Shares had dropped 44 percent this year before Lauren announced Tuesday that he was stepping down as CEO from the company he founded. Comparable sales fell 2 percent...
