Ralph Lauren Q1 profits climb 7 percent

Ralph Lauren reported its net profit for Q1 grew on Tuesday. Compared with the same period last year, revenues increased by 3 percent.

The company's net profit for Q1 was 117.1 million dollar, climbed from 109 million dollar a year earlier. Revenues climbed to 1,428.8 million dollar.

For 50 years, through family of labels such as Ralph Lauren, Polo Ralph Lauren and Club Monaco among others, Ralph Lauren is globally known for its premium lifestyle products in four categories: apparel, home, accessories and fragrances. The maker of premium lifestyle products is based in the United States, and is currently listed in United States. Headquartered in New York, Ralph Lauren Corporation offers apparel, home, accessories and fragrances.

As of 2019, Ralph Lauren has more than 23,300 employees and operates over 200 stores.