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...
Ralph Roberts, Comcast Founder, Dies
New York — Ralph Roberts, a cable pioneer who built Comcast from a small cable TV system in Mississippi into an entertainment and communications behemoth, has died. He was 95. Comcast said in a statement that Roberts died Thursday night in Philadelphia of natural causes. He was in his 40s when he began his career in the fledgling cable industry, with a $500,000 purchase of American Cable Systems, a company with 1,200 subscribers in...
