Fashion

Ralph Lauren to Step Down as CEO of Company

Fashion

Ralph Lauren to Step Down as CEO of Company

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Ralph Lauren will relinquish his position at the CEO of the company he founded, the New York Times reports. Taking his place is Stefan Larsson, formerly of H&M and Old Navy.

Lauren told the Times he’ll continue to be involved, calling the set up a partnership. “When they start designing things I can’t understand, I’ll quit,” he said.