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Ralph Lauren Sheds 3,600 Jobs in Corporate Reorganization

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Ralph Lauren Corp. is streamlining global operations to accelerate its Next Great Chapter plan for sustainable long-term growth, one that involves a headcount reduction of 15 percent. The $6.16 billion apparel giant has been evaluating the company’s cost structure, focusing on team organizational configuration, real estate footprint including distribution centers and corporate offices, and its…

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