1. Ralph Lauren is Tanking After its CEO Abruptly Resigns

    Ralph Lauren is Tanking After its CEO Abruptly Resigns

    Ralph Lauren is down almost 10% at $78.62 a share ahead of the opening bell after its CEO resigned on Tuesday.  Reuters reports that Stefan Larsson, its chief executive for just over a year, will step down on May 1 after contention with chairman Ralph Lauren over the direction of the company.  In other challenges, the fashion company reported a 12% drop in holiday quarter revenue to $1.71 billion due to weak consumer demand...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Topics Mentioned

  3. Authors