Ralph Lauren Steps Back As CEO

1:41 PM Joseph Aberl 0 Comments

The business and fashion world has been shocked as long-time iconic fashion designer Ralph Lauren has now officially stepped down as CEO from his company. It seems that Stefan Larsson, the president of Old Navy, will be taking over his position.[1]

This is quite a surprise considering his influence in the fashion world, but understandably at one point he will want to either try and pursue other ventures, or just enjoy a break from the business world. If he will still continue to hold some important position at his company is unknown as of now, but this could be quite a shake-up for the fashion industry.

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