Happy Friday, traders. Fall is in the air here in New York and change is in the air at Ralph Lauren (RL). The leader of the eponymous clothing brand is stepping aside as CEO - but he's not going far. Ralph will hold dual titles of executive chairman and chief creative officer and new CEO Stefan Larsson (A Swede who managed Old Navy and H&M) will report to the 75 year-old fashion icon.
Since it's Friday we're whipping up a cocktail in honor of the storied career of Mr. Lauren. If you look this one up online you'll see it 's called the All-American, not unlike the brand that is now under Mr. Larsson's purview.
But here at Yahoo Finance we're calling it the Whiskey Ralph in Ralph Lauren’s honor.
Want to try it? Here’s how you make it:
In a cocktail shaker full of ice add one ounce of Tennessee whiskey, a half ounce of amaretto, a little bit of simple syrup and two ounces of Apple Cider.
Now squeeze two orange slices into the mix and throw them in as well.
Give it a good shake and strain it into a rocks glass.
And that's the Yahoo Finance Whiskey Ralph. Be careful—if you drink too much you might find yourself on a sailboat off the coast of South Hampton.
Have a great weekend and here's to you Mr. Lauren!
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