Ralph Lauren (RL) needs to steal a page from L Brands' (LB) playbook, says TheStreet's Jim Cramer. He said that L Brands CEO Leslie Wexner has long been successful at turning around troubled and sinking brands because he takes immediate and stark action and that is what Ralph Lauren needs to do right now. Cramer said the mall is not dead and Ralph Lauren can be resuscitated if Ralph Lauren CEO Stefan Larsson makes the right moves and emulates Wexner.
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