Marcus Wainwright becomes only CEO of Rag & Bone

David Neville, one of Rag & Bone's co-chief executive officers, has announced that he will be relinquishing his day-to-day responsibilities at the 14-year-old brand in order to pursue other projects. Neville will still retain his seat on the company's board of directors, and be one of the largest shareholders of the business. The brand is projected to generate over 300 million dollars in revenue in 2016.