*Shares hit 6- yr low of $76.86. Feb 2- Ralph Lauren Corp said Chief Executive Stefan Larsson, hired over a year ago to turn the company around, would step down following differences over the luxury brand's direction with founder Ralph Lauren. Shares of the company fell as much as 12 percent to a more than 6- year low of $76.86 in morning trading on Thursday.
Feb 2- U.S. stocks slipped on Thursday, as bank stocks fell after the Federal Reserve provided little clarity into whether it would raise interest rates at its next meeting, even as the central bank painted an upbeat picture of the economy. The Fed, which left interest rates unchanged on Wednesday, gave no firm signal of a hike in March as it closely watches the impact...
Feb 2- Ralph Lauren Corp said Chief Executive Stefan Larsson, who was hired from rival Gap Inc just over a year ago, would step down following differences over the luxury brand's direction with founder Ralph Lauren. The company faced backlash for dressing up Melania Trump for Donald Trump's presidential inauguration, leading to. Several top designers,...
Feb 2- Wall Street looked set to open lower on Thursday as the Federal Reserve gave little insight into whether it would raise interest rates at its next meeting, even as the central bank painted an upbeat picture of the economy. The Fed left interest rates unchanged on Wednesday but gave no firm signal of a hike in March, as it awaits more clarity on President Donald...
Feb 2- Ralph Lauren Corp said Stefan Larsson, its chief executive for just over a year, will step down on May 1 following disagreements with chairman Ralph Lauren over the direction of the luxury fashion brand. Ralph Lauren's shares were down 8.7 percent to $79.80 in premarket trading on Thursday. Stefan Larsson, a former head of Gap Inc's Old Navy division, was...
Feb 2- Ralph Lauren Corp said Stefan Larsson, its chief executive for just over a year, will step down on May 1 following disagreements with chairman Ralph Lauren over the direction of the company. The company also reported a 12 percent fall in holiday quarter revenue to $1.71 billion, hurt by a slump in wholesale shipments to customers as consumer demand weakened.
RALPH LAUREN CORP CHAIRMAN RALPH LAUREN SAYS HAD "DIFFERENT.
RALPH LAUREN CORP SAYS CEO STEFAN LARSSON TO DEPART CO@.
Jan 17- Upscale jeweler Tiffany& Co said on Tuesday that its sales during the November-December holiday period were "somewhat lower" than it had expected, hurt by lower consumer spending and a drop in sales at its flagship store in New York. Tiffany said on Tuesday that its worldwide net sales rose 0.5 percent, while worldwide comparable sales fell 2 percent during...
PARIS, Jan 4- French fashion house Chloé is set to name as it new creative director Natacha Ramsay-Levi, second-in-command to Louis Vuitton designer Nicolas Ghesquiere, sources told Reuters, as the industry braces for a fresh round of leadership changes. The departure of Louis Vuitton's Ramsay-Levi raises questions about the future inner workings of the...
Pete Najarian, OptionMonster.com co-founder, discusses what he says is unusual activity in Ralph Lauren following the Macy's slide.
Jan Kniffen, CEO, J. Rogers Kniffen Worldwide Enterprises, discusses what Ralph Lauren's stepping aside means for the company.
Ralph Lauren shares have popped on news that Ralph Lauren is stepping down from running the company. Why the markets are so happy with the new CEO, with CNBC's Courtney Reagan.
Telsey Group CEO Dana Telsey, weighs in on Ralph Lauren hiring Stefan Larsson to lead his company.
Designer Ralph Lauren, who built a fashion powerhouse on luxury designs inspired by country club chic, announced Tuesday he is stepping down as CEO.
CNBC's Courtney Reagan reports fashion icon Ralph Lauren is handing the reigns to a new leader - the Gap's Stefan Larsson.
Dana Telsey, CEO & chief research officer at Telsey Advisory Group, discusses news that designer Ralph Lauren is stepping down as chief executive officer from the company that bears his name.
Old Navy Global President Stefan Larsson will take over as CEO of Ralph Lauren, reports CNBC's Courtney Reagan.
Insight to shopping trends into the back-to-school and fall season, with Oliver Chen, Cowen and Company.
Discussing the pressure on retail stocks, and where to put your money, with Oliver Chen, Cowen and Company. He likes TJX Companies & Costco.