Brocker.Org: Ralph Lauren is tanking after its CEO abruptly resigns (RL)

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Ralph Lauren is down almost 10% at $78.62 a share ahead of the opening bell after its CEO resigned on Tuesday.

Reuters reviews that Stefan Larsson, its chief executive for just above a 12 months, will action down on May perhaps one after competition with chairman Ralph Lauren over the course of the company.

In other worries, the manner company described a twelve% fall in holiday quarter revenue to $one.71 billion because of to weak purchaser need.

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