Ralph Lauren’s ’80s Empire Struggles to Adapt to Modern Fashion
Ralph Lauren, the 77-year-old designer who was the envy of the fashion industry for decades, is struggling to adapt his brand to the modern era. The eponymous founder of Ralph Lauren Corp. sent his chief executive officer packing this week, citing creative differences, in a move that rattled investors and raised fresh questions about whether his five-decade-old company can regain its relevance.
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