Tag: Ralph Lauren

Retail Asia13/10/2022
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2min0
US luxury fashion label Ralph Lauren has launched a cafe in Malaysia, part of its plan to strengthen its presence in the Southeast Asia market.  The new coffee shop is located at Pavilion Kuala Lumpur, right next to its fashion retail space. It provides both on-site and takeaway services and is adorned in Ralph Lauren’s […]

Retail Asia02/11/2020
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Luxury retailer Ralph Lauren says sales growth on the Chinese mainland returned to pre-Covid-19 rates in the second quarter, increasing by more than 30 percent year on year. However sales across greater Asia decreased 7 percent to US$237 million on a reported basis, with same-store sales down by 11 percent, and a 12-per-cent decline in […]

Retail Asia07/08/2020
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2min0
Ralph Lauren Corp said on Tuesday its quarterly revenue plunged by nearly US$1 billion, as it struggled with coronavirus-led store closures and a slowdown in demand for luxury goods across the world. The big drop in revenue and a larger-than-expected loss pushed shares of the New York-based fashion house down nearly 7 percent in trading […]

Retail Asia01/06/2020
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5min0
Luxury retailer Ralph Lauren saw online sales in Asia surge by 15 percent during the peak of Covid-19 lockdowns.  But the company’s early decision to close stores around the world saw overall sales drop by 15.4 percent, resulting in an operating loss of $284 million and a net loss of $249 million for the March […]

Retail Asia15/08/2019
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US fashion brand Ralph Lauren is ramping up its presence in Australia with the launch of its first standalone women’s store in Sydney’s CBD last month. The store, located in the iconic Queen Victoria Building, is part of the transformation over the last five years of the brand’s previously known ‘Blue Label’ into ‘Polo Ralph […]

Retail Asia13/02/2019
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5min0
After a long run of fairly mediocre performance, Ralph Lauren has finally delivered a solid set of numbers. The 5 per cent net revenue growth announced last week is pleasing as are the various regional outcomes. These were supported by a respectable increase in underlying comparable sales. It would be remiss not to note that […]

Retail Asia12/02/2019
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3min0
Within hours of the announcement that Apple retail chief Angela Ahrendts was to leave the role in April, speculation was rife as to where she is headed. Ahrendts, who led the fine-tuning of Apple’s retail business for five years after turning around British fashion house Burberry, has a stellar career in the luxury business. Several […]

Retail Asia06/02/2019
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3min0
Premium lifestyle brand Ralph Lauren increased gross profit across its third quarter period by 6 per cent to  $1.46 billion (US$1.05 billion), compared to $1.37 billion (US$996 million) the year prior. The growth was driven by a 90 bps increase in gross margin to 61.6 per cent, as a result of reduced promotional activity and […]

Retail Asia23/11/2018
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2min0
Ralph Lauren CEO Patrice Louvet has promised to open a store a week in China. Speaking at The New York Times Luxury Conference in Hong Kong last week, Louvet said stores “are crucial for projecting the company as aspirational” which is why Ralph Lauren China is committed to expanding its network despite widespread concerns over […]

Retail Asia22/10/2018
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10min0
Among the investors who snapped up shares in luxury e-commerce marketplace Farfetch after its September IPO was one buyer with little interest in operating profits or projected revenue. People for the Ethical Treatment of Animals pounced on shares in the newly public company so it could make its case directly to ban fur sales on the platform. They needn’t […]

Retail Asia19/10/2018
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5min0
Continuing his 50th anniversary celebration, Ralph Lauren is launching the Polo Bear Collection, which combines Swiss watchmaking with the Polo Bear — a favorite icon in the designer’s world. The collection represents the first time Lauren has created timepieces specifically for the Polo brand. The four bears that are featured are Flag Bear, Martini Bear, Preppy Bear, and […]

Retail Asia03/08/2018
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2min0
Fashion label Ralph Lauren sales reached US$1.4 billion for the first quarter of this fiscal year, driven by sales in Asia and Europe. Ralph Lauren sales in Asia increased 19 per cent to US$248 million on a reported basis and by 16 per cent in constant currency, driven by strength in both retail and wholesale […]

Retail Asia25/05/2018
4min0
Ralph Lauren has reported another decline in net sales, but the overall results confirm the company is headed in the right direction, albeit slowly. The company says its fourth-quarter sales decreased by 2.3 per cent to US$1.5 billion on a reported basis and were down 7 per cent in constant currency, driven by initiatives to […]

Retail Asia05/02/2018
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6min0
The latest Ralph Lauren sales figures come with a mixed dose of both optimism and pessimism. The pessimism is from the continued slide in sales, which tumbled on both a total and comparable basis. More optimistically, the drop in sales is now flattening out, with some of the decline deliberately engineered as the company looks […]

Retail Asia05/01/2018
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2min0
US fashion label Ralph Lauren is bringing its new F&B venture, Ralph’s Coffee, to Hong Kong. It opens next month beside Ralph Lauren’s Ocean Terminal store in Tsim Sha Tsui. It will be the Asian debut for Ralph’s Coffee, which is already established in New York City, Chicago, London and Paris. As well as serving […]

Retail Asia09/11/2017
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5min0
Ralph Lauren Asia sales rose marginally in the second quarter as the company continued with its turnaround strategy. Group-wide global sales, however, fell 9 per cent to US$1.7 billion, as the troubled brand pursued initiatives aimed at increasing the quality of sales, reduced promotional activity and improved distribution. North American revenue fell 16 per cent […]


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