PVH Corp. Announces Minority Investment in Karl Lagerfeld PVH Corp. announced today that it has become a minority shareholder in the parent company of the Karl Lagerfeld brand. Terms of the deal were not disclosed.
Designer clothing company Ralph Lauren forecast a strong finish to its financial year after posting a better-than-expected 10 percent rise in third-quarter profit, sending its shares up 9 percent in premarket trading.
Ralph Lauren Corp on Wednesday reported a lower quarterly profit on disappointing results at its own stores, and the fashion company reiterated its forecast for modest growth this fiscal year, despite a 6 percent incr...
Ralph Lauren on Wednesday reported holiday quarter sales and profits that showed renewed momentum after a rough patch earlier in the year, helped by steady business in the Americas and improvement in Europe.
Ralph Lauren Corp reported a higher-than-expected quarterly profit on Tuesday, helped by soaring sales, but said it expected the pace of revenue growth to slow, in part because of Europe's economic problems.
Ralph Lauren Corp said it expects lower wholesale sales this fiscal year, hurt by a slowdown in Europe and the closure of some China wholesale operations it will eventually replace with its own stores.
In fiscal 2011, the American group, which owns the license for Calvin Klein, reported a full-year sales turnover of 2.5 billion dollars – an increase of over 9% in comparison to 2010. This year, the group sees a lot o...