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Ralph Lauren sells Club Monaco to PE investor Regent

Ralph Lauren Corporation has announced the sale of the Club Monaco brand to global private equity firm Regent, L.P. The company said that the transaction is expected to close by the end of June. “As we increase our focus on our core namesake brands, we want to ensure the Club Monaco brand is also well-positioned for long-term success. We are...

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People

Club Monaco announces the appointment of a new creative director

Richard Chai has been appointed as the new creative director and senior vice president of Club Monaco. He succeeds Steve Cateron, who has held the role for 11 years. Chai will join the Ralph Lauren Corp.-owned brand on November 18 and will oversee the design and development for all womenswear and menswear, according to WWD. He will report to...

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