Polo Ralph Lauren


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home | Polo Ralph Lauren

Polo Ralph Lauren

Polo Ralph Lauren Quarterly Profit Down 73%
(Source: LuxuryBrandNetwork.com)
Polo Ralph Lauren said revenue for the quarter ended 31 March 2009 fell 1%, while operating income plunged 73% to $40 million compared to $144 million the prior year. The decline in profit was attributed to lower retail segment profitability, promotional activity in certain domestic product categories and negative foreign currency translation. . . . keep reading

Polo Ralph Lauren to End Asia License Agreement, Assume Direct Control
(Source: LuxuryBrandNetwork.com)
Deciding to end a 20-year local partnership, Polo Ralph Lauren announced it would assume direct control over its Asian distribution operations. Its current licensee, Dickson Concepts International Limited, will continue to operate until 31 December 2009. . . . keep reading

Polo Ralph Lauren Lowers Expectations
(Source: LuxuryBrandNetwork.com)
Polo Ralph Lauren CFO Tracey Travis now says revenue for fiscal 2010, which begins in March, will be between flat and "slightly below" this year. Travis said the company would not provide a profit forecast as a result of "a tremendous amount of uncertainty regarding how long the retrenchment in consumer spending will last." . . . keep reading

Luxury Outlook: EXCLUSIVE ANALYSIS
(Source: LuxuryBrandNetwork.com)
Luxury CEOs say the outlook for the fourth quarter and into 2009 is deteriorating rapidly. Even the most optimistic--including LVMH, Coach and Burberry--see growth rates slowing. Current coverage includes: Bulgari, Tifffany, Burberry, Coach, LVMH, Hermès, Williams-Sonoma, Liz Claiborne, Hugo Boss, Tod's Group, Ann Taylor and Nordstrom. . . . keep reading

Polo Profit Up 40% On 10% Growth and Tax Benefit
(Source: LuxuryBrandNetwork.com)
Driven by increased sales at its discount factory stores and European wholesale revenue, Polo Ralph Lauren announced a second quarter profit gain of 40% on a 10% revenue gain. . . . keep reading

Polo Ralph Lauren Opens Second Paris Store
Strengthening its European presence, Polo Ralph Lauren has opened its largest women's clothing store in the world in Paris. . . . keep reading

Polo Goes Mobile
(Source: WWD.com)
Polo Ralph Lauren announced plans that will enable consumers to buy with their mobile phones. . . . keep reading

Polo Ralph Lauren Earnings Up 13% on Modest Revenue Gain
(Source: LuxuryBrandNetwork.com)
Polo Ralph Lauren reported an earnings increase of 13% with revenue up 4% to $1.11 billion for its fiscal quarter ended 30 June 2008. . . . keep reading

Q3+ Luxury Outlook: EXCLUSIVE ANALYSIS
(Source: LuxuryBrandNetwork.com)
Citing "strong momentum in the first half of the year," LVMH Chairman and CEO Bernard Arnault said the group "approaches the second half with confidence." . . . keep reading

Ralph Lauren's Sherman Leaves to Run Hudson Bay Co
(Sources: Reuters and AP)
FONT . . . keep reading

European Strength Spurs Polo Profits up 41%
(Source: MarketWatch)
NEW YORK -- In an earnings call with analysts, Polo Ralph Lauren Corp. reported fiscal fourth-quarter profit improved 41%, hel . . . keep reading

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