Ralph Lauren is going to have to work harder for his bonus and restricted stock options next year.
In a regulatory filing with the Securities and Exchange Commission, Polo Ralph Lauren Corp. said that its chairman and chief executive officer, starting in fiscal 2009, will be entitled to a bonus “only if 80 percent, rather than 50 percent, of the performance target had been achieved.” The filing said the changes put Lauren’s compensation arrangements in line with those of “other members of senior management.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"