News continues to come from Ralph Lauren. Just following the announcement of the closing of their Fifth Avenue store, the brand is now looking to adjust their corporate structure.
In accordance, Lana Todorovich has been promoted to the position of president of wholesale for Ralph Lauren. Previously serving as the president of women’s apparel and accessories, the new role will expand upon her prior responsibilities.
Todorovich will oversee not only women’s accessories and apparel, but also the girl’s, men’s, boy’s, home and baby categories for the company. The promotion comes only one year after her hiring.
Aside from the news of the Polo flagship’s closing, Todorovich’s new position was also preceded early in February by that of Stefan Larsson’s impending departure.
More changes could be coming as Ralph Lauren’s “Way Forward” plan continues to develop.