In an effort to expand its global luxury business, Ralph Lauren has named Valérie Hermann President of Luxury Collections, a new title within the organization.
Hermann will be responsible for the overall strategy, merchandising and distribution of the Ralph Lauren luxury business, which spans across men’s and women’s apparel, RRL and accessories, fine jewelry, eyewear and fragrances. Starting in April 2014, Hermann will report directly to Ralph Lauren, Chairman and CEO of Ralph Lauren Corporation, and will join the Office of the Chairman.
Prior to joining Ralph Lauren, Hermann served as CEO of luxury brand Reed Krakoff. Between 2005 and 2011, she held the helm at Yves Saint Laurent, now Saint Laurent Paris. Hermann also served in various capacities at LVMH Moët Hennessy Louis Vuitton, including Director of Women’s Ready to Wear at Dior.
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“It is with great excitement and pride that I am joining Ralph Lauren,” Hermann said. “I have always admired the extraordinary aura of the Ralph Lauren brand. It globally exemplifies the essence of elegance and appeal and stands for everything we admire about America, defining the standards for luxury and an inimitable way of life that the world immediately recognizes.”
