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Ralph Lauren ( (RL) ) has provided an update.
On January 20, 2025, Ralph Lauren Corporation announced the appointment of Robert Ranftl as Chief Operating Officer, effective March 30, 2025, as part of a strategic succession plan. Ranftl, who has been with the company since 2015, has played a critical role in the strategic growth of the North American market and will oversee key functions like IT and logistics. Mercedes Abramo will succeed him as Regional CEO for North America, bringing extensive experience from Cartier S.A. These leadership changes are expected to support Ralph Lauren’s long-term growth strategy and reinforce its market positioning in North America and globally.
More about Ralph Lauren
Ralph Lauren Corporation is a global leader in the design, marketing, and distribution of luxury lifestyle products, including apparel, footwear & accessories, home, fragrances, and hospitality. With over 50 years of history, the company is known for its authenticity and timeless style across a wide range of products and markets. Its brand names, such as Ralph Lauren, Polo Ralph Lauren, and Double RL, are among the most recognized consumer brands worldwide.
YTD Price Performance: 3.84%
Average Trading Volume: 671,400
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $14.94B
See more data about RL stock on TipRanks’ Stock Analysis page.
