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Ralph Lauren Reports First Quarter Fiscal 2022 Results
Ralph Lauren - Q4 Earnings Per Share $0.38 Excluding Items
Adage Capital Partners Reports Share Stake in Roblox, Affirm Holdings, Dissolves in Airbnb
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings, fragrances and hospitality. The Company operates through segments North America, Europe, and Asia. Its wholesale business sells its products to mid-tier department stores, specialty stores, and golf and pro shops, as well as to various third-party digital partners. Its licensing business combines its consumer insight, design, and marketing skills with the product of its licensing partners to create and build new businesses. The Company’s retail business sells to customers throughout the world via its retail stores and concession-based shop-within-shops, as well as through its own digital commerce sites and those of various third-party digital partners.
650 Madison Ave
NEW YORK, NY
Executive Chairman of the Board, Chief Creative Officer
President, Chief Executive Officer, Director
Chief Innovation Officer, Vice Chairman of the Board
Jane Hamilton Nielsen
Chief Financial Officer, Chief Operating Officer
Andrew Howard Smith
Chief Commercial Officer
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Shoppers globally are returning to buying Ralph Lauren Corp's Polo shirts, sports coats and dresses, the company said on Tuesday as it benefits from a post-lockdown luxury sales boom and revamped marketing campaigns.
Ralph Lauren Corp reported quarterly revenue on Tuesday that beat analysts' estimates, as easing COVID-19 restrictions spurred a rebound in demand for its high-end apparel.
Ralph Lauren Corp forecast on Thursday full-year revenue growth below analysts' estimates, as the high-end apparel maker remains cautious of fresh lockdowns, store closures and curbs in some of its markets from a new wave of virus cases.
Ralph Lauren Corp posted its first revenue beat in four quarters on Thursday, as vaccinations and stimulus checks encouraged more Americans to splurge on its high-end apparel while demand remained strong in China.
Ralph Lauren Corp will sell high-end apparel brand Club Monaco to private equity firm Regent LP for a undisclosed amount, as the apparel retailer doubles down on its eponymous label.
Ralph Lauren Corp on Thursday forecast a bigger-than-expected drop in fourth-quarter revenue, as the high-end apparel maker struggles with new lockdowns in its major markets of Europe and Japan.
Ralph Lauren Corp missed holiday quarter revenue estimates on Thursday, as store closures in major European markets due to new coronavirus lockdowns hit the high-end apparel maker's sales.
Ralph Lauren Corp <RL.N> warned on Thursday that a new wave of COVID-19 cases could hurt its sales recovery in North America and Europe, with consumer demand likely to be pressured for the rest of the year.
Ralph Lauren Corp missed quarterly revenue estimates on Thursday, as fewer customers spent on its high-end apparel and accessories during the COVID-19 pandemic.
Tommy Hilfiger owner PVH Corp <PVH.N> said on Wednesday President Stefan Larsson would replace Manny Chirico as chief executive officer in February.
Ralph Lauren Corp said on Tuesday it would cut 15% of its global workforce by the end of this fiscal year as the luxury retailer strives to lower costs and ride out the impact of COVID-19 on sales and shopping habits.
Ralph Lauren Corp said on Tuesday it would cut global workforce by the end of its fiscal year as part of a company-wide restructuring to focus more on online sales.
Ralph Lauren Corp <RL.N> said on Tuesday its quarterly revenue plunged by nearly $1 billion, as it struggled with coronavirus-led store closures and a slowdown in demand for luxury goods across the world.
Ralph Lauren Corp missed estimates for quarterly revenue on Tuesday, as it struggled to recover from the widespread coronavirus closures earlier this year of outlets and department stores across the world.
Ralph Lauren Corp said on Wednesday a surge in online shopping was helping it get back on track in China and putting it on course for a recovery from the financial damage wrought by the COVID-19 lockdowns in other markets as well.
* RALPH LAUREN REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2020 RESULTS
Ralph Lauren Corp reported a 15.4% fall in quarterly revenue on Wednesday after its outlets and department stores across the world were forced to close due to the COVID-19 pandemic.
Ralph Lauren Corp <RL.N> said on Tuesday it drew down $475 million from an existing credit line and stopped share buybacks, as it looks to beef up cash reserves to cope with the financial blow from the coronavirus pandemic.
* RALPH LAUREN CORP - WILL TEMPORARILY CLOSE OUR DIRECTLY OPERATED U.K. STORES Further company coverage:
Ralph Lauren Corp said on Thursday it expects a $55 million to $70 million hit to its fourth-quarter sales in Asia from the coronavirus outbreak in China.
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