Ralph Lauren has unveiled plans to celebrate his house’s 50th anniversary with a runway show and gala dinner inside Central Park at the spectacular Bethesda Terrace during the next New York fashion season.
The historied sportswear brand will participate in Milan Fashion Week this September, organising its debut runway show as part of the event's official calendar and hosting an exposition at La Triennale.
The German fashion house expects sales growth to accelerate in 2018 thanks to a shift to add more sportswear and casual styles but is more cautious on profit as it keeps up investment in revamping stores and its website.
The Hugo Boss supervisory board decided at a meeting on Wednesday to extend the contract of CEO Mark Langer for a further three years. He will continue to serve as CEO of the German brand until December 2021.