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Succession Planning: What Works, What Doesn't

The death of Karl Lagerfeld has put a spotlight on succession planning quandaries at major brands, from Ralph Lauren to Giorgio Armani. What can the industry learn from the successes and stumbles of the past?
Karl Lagerfeld after the Fendi AW17 Haute Couture show | Source: Getty Images
By
  • Lauren Sherman

PARIS, France —

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