Ralph Lauren's New CEO Adds Horsepower to Stock

"I think succession planning at some of these houses like Ralph Lauren and Armani has been bubbling up for a while," he said, citing not only Mr. Lauren stepping down but also Giorgio Armani's declaration this week that his company would remain 

NEW YORK — Ralph Lauren is stepping down as CEO of the fashion and home decor empire that he founded nearly 50 years ago. The New York-based company is announcing Tuesday that Stefan Larsson, the global 

After 48 years, Ralph Lauren is stepping down as CEO of his namesake company.

"I think succession planning at some of these houses like Ralph Lauren and Armani has been bubbling up for a while," he said, citing not only Mr. Lauren stepping down but also Giorgio Armani's declaration this week that his company would remain 

Ralph Lauren persuades his employer, the tie manufacturer Beau Brummel, to let him start his own tie line, which he names Polo. He works out of a single drawer in a showroom in the Empire State Building. He later gets an in-store boutique at