Ralph Lauren news and archive

Bob Ranftl to succeed Jane Nielsen as Ralph Lauren’s new COO

Ralph Lauren Corporation has appointed Bob Ranftl as chief operating officer (COO) effective March 30, 2025, succeeding Jane Nielsen, whose planned departure was previously announced as part of a multiyear strategic succession plan. Ranftl, the company said in a release, who joined Ralph Lauren in 2015 and has served in multiple financial and...

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Fashion

Anta, Ugg and Ralph Lauren come out on top in StockX’s ‘Big Facts’ index

Marketplace and resale platform StockX has published its sixth annual ‘Big Facts: Current Culture Index’, in which it outlined which brands made the biggest impact and drove the most demand for 2024. The company used the report as an opportunity to highlight its own achievements: that it had surpassed 60 million lifetime trade over the year, and...

People

Ralph Lauren becomes first designer to receive Presidential Medal of Freedom

US fashion designer Ralph Lauren has been awarded the Presidential Medal of Freedom from President Joe Biden at a ceremony held in Washington DC on January 4. He is the first fashion designer to ever receive what is considered US’ highest civilian honour. The award recognises Lauren’s “extraordinary contributions as a visionary fashion designer,...

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Business

Ralph Lauren Q2 earning jump, revenues increase by 6 percent

Ralph Lauren Corporation reported second quarter earnings per diluted share of 2.31 dollars, up 5 percent on a reported basis and 2.54 dollars, up 21 percent on an adjusted basis. Revenue in the quarter increased 6 percent to 1.7 billion dollars on a reported basis and also in constant currency. Commenting on the second quarter trading, Patrice...

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Ralph Lauren reports 33 percent reduction in GHG emissions

In its latest Global Citizenship and Sustainability Report, US fashion label Ralph Lauren has reported areas in which it has improved as part of goals associated with its ‘Timeless by Design’ strategy. Among these achievements, the brand said that it had welcomed a 33 percent reduction in greenhouse gas emissions, as well as an additional 24...

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Fashion |Opinion

New York Fashion Week comes of age

In the high-stakes world of global fashion, New York has long stood in the shadow of its European counterparts. Yet, as the dust settles on this September's New York Fashion Week (NYFW), a new narrative is emerging: one of a city confidently carving its own sartorial identity. Breaking Free from European Comparisons For decades, New York's...

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Fashion |Marketing

Nike outpaced luxury brands in Olympics earned media

In a striking demonstration of marketing prowess during the 2024 Olympics, Nike has emerged as the clear leader in Earned Media Value (EMV), according to data from WeArisma, an earned media analytics platform. The sportswear giant generated 238.8m dollars in EMV, outperforming high-end fashion houses Louis Vuitton and Dior. Nike's success...

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Business

Ralph Lauren reports positive Q1, maintains outlook

In the first quarter of fiscal 2025, revenue at Ralph Lauren increased 1 percent to 1.5 billion dollars on a reported basis and 3 percent in constant currency. The company’s net income in the first quarter was 169 million dollars or 2.61 dollars per diluted share on a reported basis. On an adjusted basis, net income was 175 million dollars or...

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Ralph Lauren addresses Indonesian trademark issues

American premium label Ralph Lauren Corporation has issued a statement addressing ongoing trademark disputes in Indonesia, clarifying that the offender is “not affiliated to the company in any way”. Its remarks come in reference to ongoing disputes between PT Manggala Putra Perkasa, which is operating under the “confusing” name of ‘Polo Ralph...

Fashion

Ralph Lauren to return to New York Fashion Week with a show in the Hamptons

Ralph Lauren will return to New York Fashion Week this year, opening the event with a show in the upscale coasting enclave the Hamptons on 5 September. “The Hamptons is more than a place. It’s a natural world of endless blue skies, the ocean, green fields, and white fences, rusticity and elegance with a quality of light that drew artists here...

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Fashion |In Pictures

Ralph Lauren unveils Team USA Olympic uniforms

American fashion house Ralph Lauren has unveiled Team USA’s Americana and preppy athleisure opening and closing ceremony outfits for the Paris 2024 Olympics this summer. The 2024 games mark the ninth time Polo Ralph Lauren has been the official outfitter of the US Olympic and Paralympic teams, and the American brand has designed opening and...

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Business

Ralph Lauren sees margin growth but weak revenues in Q1, appoints new CFO

Luxury fashion house Ralph Lauren Corp. (RL), while reporting higher fourth-quarter results, on Thursday issued first-quarter outlook, expecting increased margin but weak revenues. The company also issued fiscal 2025 forecast, and announced higher dividend. Separately, Ralph Lauren announced the appointment of Justin Picicci as Chief Financial...