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Mr. Meichner to develop Polo Ralph's domestic retail concepts

Jul '08
Polo Ralph Lauren Corporation announced the promotion of Wayne Meichner to President and Chief Operating Officer of Polo Retail Group, effective July 1, 2008. Mr. Meichner replaces Jeff Sherman, who is retiring from the Company. Mr. Meichner will report to Ralph Lauren, Chairman and Chief Executive Officer, and Roger Farah, President and Chief Operating Officer, of Polo Ralph Lauren Corporation.

In his new role, Mr. Meichner will be responsible for the strategic management and development of Polo Ralph Lauren's domestic retail concepts, including Ralph Lauren stores, Polo Factory Stores, RalphLauren.com, Rugby and RRL. He will also manage Polo Retail Group's shared services support groups.

Previously, Mr. Meichner was President of Polo Ralph Lauren Retail Stores, managing Polo Ralph Lauren's domestic Ralph Lauren stores. Mr. Meichner joined Polo Ralph Lauren in 2002 after an extensive, 23-year career in merchandising and store management at Saks Fifth Avenue, where he ultimately held the position of Executive Vice President of Merchandising.

We are thrilled to be promoting Wayne to oversee the sales and support operations of our evolving retail store network across multiple formats. His 30 years of experience in luxury merchandising and retail store operations is a compelling asset as we continue to invest in our direct to consumer operations around the world, said Roger Farah.

On behalf of the entire Company, I want to thank Jeff Sherman for helping to execute our global retail strategic plan over the past few years. We all wish Jeff the very best.

Susie Coulter was promoted to President of Polo Ralph Lauren Retail Stores, effective July 1, 2008, reporting to Wayne Meichner. In her new role, Ms. Coulter will assume management of Polo Ralph Lauren's 59 domestic Ralph Lauren stores. Most recently, Ms. Coulter served as Senior Vice President and General Merchandise Manager of Ralph Lauren's retail operations in the U.S. and Europe.

Ms. Coulter joined Polo Ralph Lauren in 1998 as Vice President and Divisional Merchandise Manager for Polo Factory Stores. From 2000-2005, Ms. Coulter was Vice President and Divisional Merchandise Manager for Polo's full-price retail stores in the U.S. and in Europe. Prior to joining Polo Ralph Lauren, Ms. Coulter held positions at Harrods and House of Fraser.

Susie's proven track record of strong leadership and management skills has been an integral part of the success of our global retail operations, said Roger Farah. I look forward to continue partnering with Susie to refine our retail operating strategy going forward.

Polo Ralph Lauren Corporation

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