Ralph Lauren hires CFO from rival luxury retailer Coach Inc

June 9, 2016 By publisher

(Reuters) – Ralph Lauren Corp has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a sweeping plan to lower costs and revive sales growth at the luxury fashion brand. Nielsen will replace Robert Madore, who has been the CFO since April 2015, Ralph Lauren said on Thursday. Ralph Lauren, which owns the Polo and Lauren brands, said on Tuesday it was cutting about 1,000 jobs and closing 50 stores.

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Ralph Lauren hires CFO from rival luxury retailer Coach Inc

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Style Notes: Marc Jacobs Models Take a Tumble; Vogue’s $200 VIP Subscription

June 9, 2016 By creative

Keep up with Thursday’s style news.

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Style Notes: Marc Jacobs Models Take a Tumble; Vogue’s $200 VIP Subscription

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Hugo Boss picks financial chief Mark Langer as new CEO

May 17, 2016 By publisher

German fashion house Hugo Boss announced Monday that it has chosen chief financial officer Mark Langer to become the new chief executive after the resignation of the former head of the company following a profits fall. Langer, who has been with Hugo Boss for 13 years, will replace Claus-Dietrich Lahrs who stepped down in February after the group's financial forecasts for 2016 were slashed due to a slump in sales in the major markets of the United States and China. “Due to my long-standing work for Hugo Boss, I have a clear understanding of the company's potential and know what we need to do to get it back on track for profitable and sustainable growth,” Langer said in a statement.

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Hugo Boss picks financial chief Mark Langer as new CEO

Filed Under: Latest News Tagged With: after-the-group, annual, back-on-track, become-the-new, board, chief-financial, christoph, dietrich-lahrs, langer, metzingen, the-resignation, united, united-states