Ralph Lauren Corporation news and archive

Ralph Lauren Q2 earning increase, revenues up 2 percent

American maker of premium lifestyle products Ralph Lauren said on Tuesday its Q2 revenue for 2018 rose 2 percent. The company said earnings per diluted share were 2.07 US Dollars on a reported basis and 2.26 US Dollars on an adjusted basis compared to earnings per diluted share of 1.75 US Dollars on a reported basis and 1.99 US Dollars on an...

Report

Ralph Lauren Q1 profits increase 83 percent

American maker of premium lifestyle products Ralph Lauren said on Tuesday its Q1 net profit for 2018 increased 83.2 percent. Revenues increased by 3.2 percent from the same period last year. Hover over the graph to learn more. The company’s net profit for Q1 2018 was 109 million US dollars, up from 59.5 million US dollars a year earlier....

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Linda Kozlowski to join Ralph Lauren board of directors

In addition to the recent announcement that Michael George joined the company’s board of directors and Angela Ahrendts agreed to be nominated to join in August, the company announced that Linda Findley Kozlowski, COO at Etsy, has agreed to be nominated to join the company’s board in August. "We continue to build on the strength of our board with...

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Ralph Lauren Q4 profits rise 120.2 percent

American maker of premium lifestyle products Ralph Lauren said on Wednesday its Q4 net profit for 2018 rose. Revenues declined by 2.3 percent from the same period last year. The company’s net profit for Q4 2018 was 41.3 million US dollars, up from -204 million US dollars a year earlier. Revenues fell to 1529 million US dollars. The profit margin...

Management

Ex-Burberry CEO Angela Ahrendts to join Ralph Lauren board of directors

Ralph Lauren Corporation has announced that it plans to add Angela Ahrendts and has appointed Michael George to the company’s board of directors. The company added that the board intends to nominate Ahrendts for election at the annual meeting of stockholders, expected in August 2018, and has appointed George effective May 9, 2018. These...

ManagementFeatured

Ralph Lauren hires senior executives to strengthen global digital presence

Ralph Lauren Corporation has made several senior talent appointments to drive expansion of the company’s digital presence globally. The company said, Alice Delahunt will join Ralph Lauren in the newly created role of Chief Digital Officer, reporting to Patrice Louvet, Chief Executive Officer, and will be a part of the company’s executive...

Management

Ralph Lauren to slash costs, explore new retail concepts

Ralph Lauren Corporation has announced several key actions as part of its Way Forward Plan to return the company to sustainable, profitable growth. As a part of cost-cutting measures, the company will close its dedicated Polo store at 711 Fifth Avenue and integrate its product into the Ralph Lauren Men's and Women's flagship stores on Madison...

People

Steven Murphy to serve as consultant to Ralph Lauren

Ralph Lauren Corporation has said that Steven P. Murphy has been hired as a consultant to advise the management regarding strategic and other business matters. He would no longer be a part of the company’s Board of Directors. “Steven has been a highly valued member of our board and provided us with extensive insight and guidance during his...