Stefan Larsson (born 1974) is the incoming chief executive officer (CEO) of the Ralph Lauren Corporation. Larsson will replace the company's founder, Ralph Lauren, as CEO in November 2015. Larsson will report to Lauren, who will remain with the company as its executive chairman and chief creative officer.
Larsson received a Master of Science in Business Administration jointly from the Swedish School of Economics and Business Administration, in Finland, and the Jönköping International Business School, in Sweden.
Prior to Larsson's announcement at Ralph Lauren, he served as global president of Old Navy, part of The Gap's portfolio, from October 2012 to September 2015. He transformed Old Navy into Gap Inc.'s top performing business unit, achieving three consecutive years of profitable growth and better sales revenues than Banana Republic and Gap. By offering trendy clothing at low prices and overhauling its global supply chain to increase speed to market, Larsson increased Old Navy's revenue by nearly $1 billion.
Previously, Larsson worked for the Swedish fashion company Hennes Mauritz (HM) for nearly 15 years, rising to the position of Head of Global Sales "with functional responsibility for about 2,300 stores and nearly all of its $17 billion in annual sales." During that time, he was part of the executive team that increased annual revenues from $3 billion to $17 billion and expanded its operations from 12 to 44 countries. He also oversaw real estate, store design and construction.
Ralph Lauren Corporation is an American, publicly traded holding company headquartered in New York City. The company, through its subsidiaries, designs, markets and sells luxury men's, women's and children's apparel, accessories, fragrances and home furnishings to customers worldwide. Ralph Lauren Corporation began with the 1967 founding of the Polo Ralph Lauren company by American designer Ralph Lauren.