Exclusive: Marcus Wainwright to Step Down From Rag & Bone

It’s the end of an era at Rag & Bone.

Marcus Wainwright, who co-founded the brand with David Neville in 2002, is stepping down as chief brand officer. Upon his departure at the end of this month, he will remain a “significant” shareholder and a member of the board of directors, the company said.

The creative duties will be split between two of the brand’s long-time employees: Jennie McCormick, chief merchandising and…