Ralph Lauren Steps Back As CEO
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.
What do you
think of the matter? Leave a comment below!
[1] Cf. Variety (2015): http://variety.com/2015/biz/news/ralph-lauren-to-step-down-as-ceo-of-fashion-empire-1201605358/,
Dated: 29.09.2015.
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