NEW YORK--(BUSINESS WIRE)--Dec. 15, 2011--
Ralph Lauren Corporation (NYSE: RL) announced today the appointment of
Daniel Lalonde to President of Ralph Lauren International effective
January 23, 2012. In this newly created position, Mr. Lalonde will
oversee all of the Company’s international operations. Based in New
York, Lalonde will report directly to Roger Farah, President and Chief
Operating Officer, Ralph Lauren Corporation.
“International growth is a key strategic initiative for our company.
After achieving tremendous success in Europe, we are very focused on
continuing those efforts and on expanding our presence throughout Asia,”
said Ralph Lauren, Chairman and CEO. “Daniel is a seasoned and talented
leader within our industry. I look forward to working closely with him
to further elevate and grow the Ralph Lauren brand in our international
markets.”
“We are thrilled to have Daniel join our leadership team. His extensive
background and proven track record in growing global luxury businesses
positions him well to assume this critical role as we continue to
strengthen our business worldwide,” said Roger Farah, President and
Chief Operating Officer.
Over the past 10 years, Lalonde served in a variety of key management
positions within LVMH Moet Hennessy Louis Vuitton. Most recently,
Lalonde held the position of President and Chief Executive Officer, Moet
& Chandon, based in Paris. Prior to that assignment, Lalonde led Louis
Vuitton’s North America division as President and Chief Executive
Officer. He began his career with LVMH in 2002 as President of their
watch and jewelry division and Tag Heuer Divisions, based in
Springfield, New Jersey. Prior to joining LVMH, Lalonde’s international
career included assignments such as Chief Operating Officer of Nestle
Nespresso S.A., in Lausanne, Switzerland and President & CEO of
Nespresso N.A.
Mr. Lalonde holds an MBA from INSEAD in France, where he currently
serves on the Board of Directors.
RALPH LAUREN CORPORATION
Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing
and distribution of premium lifestyle products in four categories:
apparel, home, accessories and fragrances. For more than 44 years, Ralph
Lauren's reputation and distinctive image have been consistently
developed across an expanding number of products, brands and
international markets. The Company's brand names, which include Polo by
Ralph Lauren, Ralph Lauren Purple Label, Ralph Lauren Collection, Black
Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX, Rugby, Ralph Lauren
Childrenswear, Denim & Supply Ralph Lauren, American Living, Chaps and
Club Monaco, constitute one of the world's most widely recognized
families of consumer brands. For more information, go to http://investor.ralphlauren.com.
Source: Ralph Lauren Corporation
Ralph Lauren Corporation
Julie Berman, 212-583-2262
Corporate
Communications
or
Ralph Lauren Corporation
James Hurley,
212-813-7862
Investor Relations
