Ralph Lauren Knighted for Services to Fashion

Ralph Lauren Knighted for Services to Fashion

$RL

Ralph Lauren, 79 anni, has been made an Honorary Knight Commander of the Most Excellent Order of the British Empire (KBE) for his services to fashion. In accepting the honorary knighthood insignia from the Prince of Wales during a private ceremony at Buckingham Palace on 19 June, he became the 1st American designer to be awarded the UK’s highest honor.

Sir Ralph is the chief creative officer and executive chairman of the company he founded in Y 1967, said he “humbly accepted” the title.

“I have always been inspired by the history, traditions and culture of Great Britain and the historic relationship our 2 countries have shared. This is one of the most meaningful honors bestowed at this very special moment in my 50th Anniversary.” As well as the innumerable accolades he has been awarded by global boards during his tenure in fashion, Lauren was recognized for his Outstanding Achievement by the British Fashion Council at the British Fashion Awards in 2016.

“Mr Lauren has played a key role in forging transatlantic cultural and economic connections,” said Antony Phillipson, British Consul General to New York and Her Majesty’s Trade Commissioner for North America, upon the announcement of the designer’s award in November. “As creator and visionary of the Ralph Lauren (NYSE:RL) brand worldwide, he has been a vanguard for the global fashion industry and American style for nearly half a century. In addition, monumental philanthropic efforts, especially in the realm of public health, cancer research and treatment in both the US and the UK, have led to benefits felt by citizens around the world.”

Upon his brand’s 50th birthday celebrations, he told press, “I have been very lucky. I like working. I like to dream.” The Bronx-born creative continues to implement a progressive business strategy. Earlier this month, he announced that there will be gender parity in all leadership positions by Y 2023. The inclusion of candidates from diverse backgrounds during any recruitment process will be ensured by Y 2020. Green targets, such as sustainably sourcing all Key materials” by Y 2025, were additionally outlined in the Global Citizenship and Sustainability report.

Other Americans who have received honorary knighthoods or damehoods include presidents Dwight Eisenhower, Ronald Reagan, and George HW Bush, as well as Angelina Jolie, Angela Ahrendts, Bill Gates and Steven Spielberg.

HeffX-LTN overall technical analysis for RL is Bearish to Neutral in here.

All the best Sir Ralph.

Paul Ebeling, Editor

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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