Rag Tag

It’s the tip of an era at Rag & Bone. Marcus Wainwright, who cofounded the brand with David Neville in 2002, is stepping down as chief brand officer. Upon his departure at the tip of this month, he'll remain a “significant” shareholder and a member of the board of directors, the corporate said. The creative duties will likely be split between two of the brand’s longtime employees: Jennie McCormick, chief merchandising and design officer, who will oversee womenswear, footwear and accessories, and Kyle Sweeney, senior vp of men’s design and merchandising. The broader management team — chief operating officer Nicolas Vermot, chief people officer Rebecca Seidenstein and chief business officer Benjamin Harris — will remain in place. Vermot runs the corporate on a...