Ralph Lauren's 1980s empire struggles to adapt to modern fashionRalph Lauren, the 77-year-old designer who was the envy of the fashion industry for decades, is struggling to adapt his brand to the modern era. READ MORE:* Kanye dropped from NYFW​* David Lawrence, Marcs to sell* Fashion business icon Ralph Lauren to step downSTUART C WILSON/GETTY IMAGES Ralph Lauren isn't headed back to the CEO job. He also shuttered many storefronts and refocused on three core brands: Ralph Lauren, Polo and Lauren. DISCOUNT SCOURGEThe distraction comes at an especially difficult time for Ralph Lauren - and retailers in general. Ralph Lauren is trying to prevent such gluts by closing 20 per cent to 25 per cent of retail distribution points.

Source: Stuff February 03, 2017 03:03 UTC