Dive Brief:

• Tory Burch has tapped former Ralph Lauren Corp. president and chief operating officer Roger Farah to join her as co-CEO of her company, Tory Burch LL. She is also chairman.

• Farah was in the two positions at Ralph Lauren for 14 years, and recently also served as executive vice chairman. He left the company in May.

• Farah is credited with helping boost Ralph Lauren’s sales nearly fourfold to $7.5 billion last year, in part through investments in technology and improvements to distribution.

Dive Insight:

With so many retailers looking for new leadership, there was much speculation about where Roger Farah would go when he left Ralph Lauren in May. Tory Burch, which operates 125 stand-alone boutiques and in 3,000 department and specialty stores globally, was not really part of that discussion because the company already had a CEO. Now, it has two, and big plans for growth.