Designer, Ralph Lauren Steps Down As CEO Of His Company

Ralph Lauren, one of the most successful designers in the world is stepping down as CEO of his company.
Although Ralph 75 intends to remain active in the company, he would be handling over to Swedish, Stefano Larsson who is a former H&M executive and president of Old Navy, one of Gap's brands.

Ralph has described the deal as more of a "partnership"...

Ralph Lauren pictured with Stefano Larsson