NEW YORK–(BUSINESS WIRE)–Ralph Lauren Corporation (NYSE:RL) appear today the arrangement of Valérie Hermann to President of Ralph Lauren Affluence Collections, effective April 7. In this anew created role, Ms. Hermann will be amenable for strategy, merchandising, distribution, and all-embracing amplification of the all-around affluence businesses, including Men’s and Women’s Collection brands in apparel, RRL and accessories, as able-bodied as timepieces, accomplished jewelry, eyewear and fragrance. Ms. Hermann will address anon to Ralph Lauren, Chairman and Chief Controlling Officer (CEO) of Ralph Lauren Corporation, and will accompany the Office of the Chairman.
“This is a actual agitative moment for our Company,” said Mr. Lauren. “Luxury epitomizes the aspirational artful of the Ralph Lauren brand, and we acquainted that it was time to capitalize on the success we accept accomplished by leveraging the aggregate strengths of our affluence portfolio and agreement them beneath a distinct leader. Valérie is an awfully accomplished controlling with an accustomed adeptness to ally the bartering and artistic abandon of luxury. She has all-encompassing acquaintance alive with abounding of the arch European appearance houses and is alluringly positioned to assignment alongside me and the administration aggregation to advance the all-around advance and amplification of our affluence business.”
“It is with abundant action and pride that I am aing Ralph Lauren,” said Ms. Hermann. “I accept consistently admired the amazing ambience of the Ralph Lauren brand. It globally exemplifies the aspect of breeding and address and stands for aggregate we adore about America, defining the standards for affluence and an consummate way of activity that the apple anon recognizes. I accept amazing account for Mr. Lauren, and I am accustomed to accompany the Office of the Chairman and to accept the befalling to assignment with the absurd aggregation he has assembled.”
Prior to aing the Company, Ms. Hermann was CEO of Reed Krakoff. From 2005-2011, Ms. Hermann served as CEO of Yves Saint Laurent, now alleged Saint Laurent Paris. Previously, she formed in assorted capacities at LVMH Moët Hennessy Louis Vuitton, including Director of Women’s Ready to Wear at Dior. Ms. Hermann started her career at the Comité Colbert, the Paris-based affluence appurtenances barter association.
The Office of the Chairman will now be comprised of: Ralph Lauren, Chairman and CEO; Roger Farah, Controlling Vice Chairman; Jackwyn Nemerov, President and Chief Operating Officer; Chris Peterson, Controlling Vice President, Chief Administrative Officer and Chief Financial Officer; and, Valérie Hermann, President, Affluence Collections.
ABOUT RALPH LAUREN
Ralph Lauren Corporation (NYSE:RL) is a baton in the design, business and administration of exceptional affairs articles in four categories: apparel, home, accessories and fragrances. For added than 46 years, Ralph Lauren’s acceptability and characteristic angel accept been consistently developed beyond an accretion cardinal of products, brands and all-embracing markets. The Company’s cast names, which accommodate Polo by Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Ralph Lauren Childrenswear, Denim & Supply Ralph Lauren, Chaps and Club Monaco, aggregate one of the world’s best broadly accustomed families of customer brands. For added information, go to http://investor.ralphlauren.com.
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