Ralph Lauren Corp warned on Friday that its efforts to open more stores would erode operating profit margin at the luxury fashion house in the fiscal year through March 2015, and that sales growth would also be slower.
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.
Luxury brands banking on a China rebound to boost sales may be in for an unpleasant surprise: weak demand in the world's second largest luxury market may last longer than the economic slowdown as Beijing cracks down o...
Ralph Lauren Corp on Monday named Procter & Gamble Co executive Christopher Peterson its new chief financial officer, effective Sept. 24, after Tracey Travis resigned in July to pursue other interests.
Ralph Lauren Corp forecast lower revenue in the current quarter, hurt by reduced distribution through partners in China and the shutting of its American Living brand, overshadowing first-quarter growth.
Ralph Lauren Corp announced alongside its 2012 results its plan for (re)conquering the Chinese market. It intends to review its position in the country after closing 95 points of sale during the last financial year.