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Bedford's Ralph Lauren Stepping Down As CEO

Ralph Lauren announced Tuesday that he is stepping down as CEO of his fashion empire.
Ralph Lauren announced Tuesday that he is stepping down as CEO of his fashion empire. Photo Credit: Wikipedia/Arnaldo Anaya-Lucca

BEDFORD, N.Y. – American fashion designer and Bedford resident Ralph Lauren announced Tuesday that he is stepping down as CEO of his company, reports the New York Times .

Stefan Larsson, president of Old Navy, will replace Lauren, 75, in November, according to the report.

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