Skip to main content
BoF Logo

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

Ralph Lauren Makes Changes to Company Leadership

Ralph Lauren Purple Label S/S 2013 Campaign | Source: Ralph Lauren
By
  • Associated Press

NEW YORK, United States — Ralph Lauren Corp. announced a number of leadership changes Wednesday to help grow its business.

The New York-based luxury retailer said that it is creating an office of the chairman, which will be led by Chairman and CEO Ralph Lauren and include three other executives: Roger Farah, Jackwyn Nemerov and Christopher Peterson.

Farah, currently the president and chief operating officer, will become executive vice chairman of the company. Nemerov, currently executive vice president, will become president and COO. Peterson, currently senior vice president and chief financial officer, will become executive vice president and chief administrative officer in addition to CFO.

The office of the chairman is being created to "support the growth of the business in an increasingly complex global environment and capitalize on new business opportunities," the company said in a statement.

ADVERTISEMENT

Farah will be responsible for business development and mentoring the management team. Nemerov will focus on global merchandising, manufacturing and supply chain operations and Ralph Lauren's global retail and licensing businesses. Peterson will oversee global real estate and financial planning.

Shares of the company slipped 11 cents to $168 in after-hours trading Wednesday. They rose $1.44 to close at $168.12 during normal trading hours.

Copyright (2013) Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
view more

Subscribe to the BoF Daily Digest

The essential daily round-up of fashion news, analysis, and breaking news alerts.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON
BoF Professional - How to Turn Data Into Meaningful Customer Connections
© 2024 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions, Privacy Policy, Cookie Policy and Accessibility Statement.
BoF Professional - How to Turn Data Into Meaningful Customer Connections