NEW YORK — Rena Lange founders Peter and Renate Günthert are handing over control of the Munich, Germany-based ready-to-wear line to their son, Daniel, but will stay involved with the company as senior consultants.

The 33-year-old Daniel Günthert — who has worked for his parents since 1996 — is now the third-generation leader of the company since his great aunt, Martha Lange, started it in 1916 as a lingerie boutique in the Palais Moy on Briennerstrasse in Munich. It’s the same retail location that today serves as the Rena Lange boutique, in addition to 16 others throughout Europe.

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