BusinessMember
Ralph Lauren starts new financial year with strong growth
US fashion group Ralph Lauren Corporation (Ralph Lauren) achieved unexpectedly strong growth in sales and earnings in the first quarter of the 2025/26 financial year. As a result, the company raised its forecasts for the full year on Thursday. In the first quarter, which ended on June 28, group revenue reached 1.72 billion dollars. This exceeded...
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Business|Background Member
From bounce-back to bankruptcy: Inside Claire’s renewed financial struggles
After weeks of speculation, Claire’s has finally filed for bankruptcy protection in the US. For the teen accessories retailer, this marks the second descent into bankruptcy in seven years, with this latest filing heightening fears over what is to come for its international network of stores. How did Claire’s come to such a predicament? Let’s...
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