Polo Ralph Lauren is trying to restore its iconic status as it has endured some difficult fiscal times. One thing that won’t help its Way Forward Plan−which was launched last June to deliver sustainable, profitable sales growth and long-term value creation for shareholders−is the recent resignation of CEO Stefan Larsson less than two years after he took the helm.
Is the company headed toward renewed brand loyalty?
Larsson announced his resignation at the company’s Feb. 2 third-quarter earnings call. He will....