Polo news and archive

Item of the week: the knit polo

What it is: While the knitted polo may seem like a more recent evolution of the standard polo shirt, its roots actually lie in the 1950s, where the classic shirt initially garnered traction. Also sometimes referred to as a ‘sweater polo’, the shirt was first popularised by Italian designers and later seeped into the wardrobes of the American...

Fashion

U.S Polo Association launches new sustainability initiative

U.S. Polo Assn., the official brand for the United States Polo Association (USPA), has launched a new sustainability initiative. USPA Life, the brand’s long-term sustainability program, will include sustainable polo shirts for men, women, and kids, denim made from recycled water bottles, recycled packaging for products, and high quality recycled...

Fashion

Ralph Lauren launches polo design competition for Covid-19 relief

Ralph Lauren has created its first-ever polo design competition to contribute to Covid-19 relief efforts. The “Polo Project: Design for Good” encourages people to “get inspired by the hope and optimism of the world” and create an original design for a polo shirt. 10 finalists, chosen by the company’s women’s and men’s design teams, will be...

Business |ANALYSIS Featured

140 million in savings - what lies behind Ralph Lauren's ‘Way Forward Plan’

The announcement of the closure of Ralph Lauren’s flagship store in New York has shaken the fashion industry inside out. Market experts, however, praise the move, highlighting that this is just one of the many measures designed to save the company 140 million dollars in annualised expenses. Earlier this week, the preppy fashion label announced...

Retail

Ralph Lauren to open Regent Street coffee bar

Luxury groups and brands have long divested their interests, and building brand extensions is just one way of bringing awareness and profit to a familiar name. Take Ralph Lauren, for example, who's Polo lifestyle is so well engrained in consumers minds, that its new concept, a coffee bar and dining experience due to open next to its London Polo...

Fashion

Ralph Lauren introduces the next step in wearable tech: the Polo

Ralph Lauren is set to unveil its latest foray into the world of wearable tech today during the opening day of the US Open: the Polo Tech Shirt, highlighting the debut of the global sporting event being used as a platform to launch a collection of wearable products. The new Polo has sensorsknitted into the core of the shirt which read its...

Fashion

Polo Ralph Lauren largest shop

Fully dedicated to womenswear, Polo Ralph Lauren first and largest women’s store just opened its doors in Paris. The 600m2 store is the home to the Ralph Lauren’s premier assortment for women including Collection, Black Label and Blue Label. The building, formerly an ‘hôtel particulier’, was built during the 18th century French Rococo period,...

Fashion

Polo Ralph Laurent sees 1st quarter profit

Polo Ralph Lauren on Wednesday said its 2008 fiscal first quarter net income rose 10 percent, largely due to higher wholesale revenue. Profit for the quarter ended June 30 came to $88.3 million, up from $80.2 million. Results include a 10 per cent loss from acquisitions and a new income tax accounting standard. Revenue rose 12 percent to $1.07...

Fashion

Polo and Richemont create jewellery company

Ralph Lauren is joining forces with Swiss luxury goods firm Compagnie Financière Richemont to create a jewellery and watch company. The joint venture - Polo Ralph Lauren Watch and Jewellery Co. S.A.R.L. - will be based in Switzerland , where it will design, make and distribute luxury watches and jewellery. Starting prices for watches will be...

Fashion

Ralph Lauren profit surges

Polo Ralph Lauren is going from strength to strength. The US-based fashion house posted a 31.5 percent rise in net income for the second quarter to $137 million (£71.8 million). Revenues gained 13.6 percent to $1.17 billion. "We are one of the healthiest and fastest-growing luxury businesses today," chairman and chief executive Ralph Lauren said...

Fashion

Polo Q1 earnings surge

Polo Ralph Lauren reported a surge in first quarter earnings of 58 percent to $80.2 million (£42.0 million). Revenues jumped 26.8 percent for the three months ended 1 July to $491.2 million, including a 45.7 percent gain in wholesale sales to $751.9 million and a 15.3 percent jump in retail sales to $412.1 million. Net revenues - which do not...

Fashion

Ralph Lauren receives 15m bonus

Last week Polo Ralph Lauren Corp stated its Chief Executive Ralph Lauren received a $15 million bonus for the 2006 fiscal year ended March 31. This was a 13 percent increase from his $13.26 million bonus in the previous fiscal year and Lauren was also granted restricted stock valued at $4.31 million, compared with a grant worth $3.31 million for...