NEW YORK--(BUSINESS WIRE)--Sept. 2, 2003--Polo Ralph Lauren
Corporation (NYSE: RL) today announced Ken Pilot has joined the
Company as President, Factory Stores and Retail Concept Development
effective immediately. Mr. Pilot will be responsible for the
day-to-day operations of factory outlet stores worldwide, and for the
development of future retail concepts. Part of Mr. Pilot's
responsibilities will replace those of James Gundell, who recently
left Polo Ralph Lauren to pursue other opportunities.
Mr. Pilot reports directly to Bridget Ryan Berman, Group President
of Polo Ralph Lauren Retail worldwide. "Ken is a seasoned retail
professional with a strong background in merchandising, operations and
marketing. As we continue the expansion and growth of our worldwide
retail business, Ken's expertise will add strategic strength to the
Polo Ralph Lauren retail management team and I look forward to working
with him," commented Bridget Ryan Berman.
Mr. Pilot most recently held the position of Chief Executive
Officer at J. Crew, where he was responsible for delivering sales and
profit growth for retail stores, catalog and internet business. Mr.
Pilot has extensive global experience from his 13 years with Gap,
Inc., where he held a variety of merchandising leadership roles,
including President of Gap International, President of Gap Global and
Senior Vice President of Gap Outlet and New Business Development.
During Mr. Pilot's tenure at Gap Inc. he was responsible for sales of
the Gap brand in the United States, Europe, Japan and Canada.
Polo Ralph Lauren Corporation is a leader in the design, marketing
and distribution of premium lifestyle products in four categories:
apparel, home, accessories and fragrances. For 35 years, Polo's
reputation and distinctive image have been consistently developed
across an expanding number of products, brands and international
markets. The Company's brand names, which include "Polo", "Polo by
Ralph Lauren", "Ralph Lauren Purple Label", "Polo Sport", "Ralph
Lauren", "RALPH", "Blue Label", "Lauren", "Polo Jeans Co.", "RRL",
"Chaps", and "Club Monaco" among others, constitute one of the world's
most widely recognized families of consumer brands. For more
information, go to www.polo.com.
CONTACT:
Polo Ralph Lauren Corporation
Media:
Nancy E. S. Murray, 212-813-7862
or
Investor Relations:
Denise Gillen, 212-318-7516
SOURCE: Polo Ralph Lauren Corporation