Ralph Lauren news and archive

Ralph Lauren teams with Snapchat for AR experience series

Ralph Lauren is introducing a series of immersive digital-first experiences, utilizing a first-to-market Snapchat logo scan feature for apparel. App users will be able to scan the brand's iconic Polo Pony logo from embroidery, fabric or other medium to unlock a series of augmented reality experiences, engaging the consumer in new ways. The...

20 Nov 2020

Fashion

Ralph Lauren named official outfitter of Australian Open

Ralph Lauren has announced a new, global long-term partnership with The Australian Open that will see the US fashion label become the official outfitter of the annual Grand Slam tennis event. The tie-up, which will kick off at the Australian Open 2021, will see Ralph Lauren outfit all on-court officials, including ballkids and chair umpires, in...

17 Nov 2020

Business

Covid-19 impacts Ralph Lauren's Q2 results, sales decline 30 percent

Ralph Lauren has reported net loss in the second quarter of fiscal 2021 of 39 million dollars or loss of 53 cents per diluted share on a reported basis. On an adjusted basis, the company said in a statement, net income was 107 million dollars or 1.44 dollars per diluted share compared to net income of 182 million dollars or 2.34 dollars per...

29 Oct 2020

Fashion

Ralph Lauren closes fashion's gender gap with Parity.org

The Ralph Lauren Corporation has teamed with nonprofit organization Parity.org to work towards gender parity within the fashion industry. The two parties, along with PVH Corp., Lacoste, Tiffany & Co. and Movado Group have unveiled a new roadmap to help the industry achieve equality goals. The strategy is outlined in a paper called "Unlocking...

22 Oct 2020

People

Ralph Lauren appoints Valerie Jarrett to board of directors

Valerie Jarrett has joined the Ralph Lauren board of directors, bringing the board's total to 13 directors. Jarrett is a senior distinguished fellow at the University of Chicago Law School and a former Obama administration senior advisor. “We are pleased to welcome Valerie to the Ralph Lauren board of directors," Ralph Lauren said in a...

20 Oct 2020

Fashion

Ralph Lauren honours New York City's front-line workers at US Open

International designer brand, Ralph Lauren, has honoured New York City’s frontline workers at the 2020 US Open Tennis Championships. In acknowledgement of the efforts in fighting the Covid-19 pandemic, over 150 of the individual essential workers’ names will be embellished onto the back of each of the 2020 ballperson uniforms. David Lauren, vice...

28 Aug 2020

Fashion

RALPH LAUREN HONORS NEW YORK CITY’S FRONTLINE WORKERS AT THE 2020 US OPEN TENNIS CHAMPIONSHIPS

NEW YORK--(BUSINESS WIRE)--Aug. 28, 2020-- At the 2020 US Open, New York City’s unsung heroes will be taking center stage as Ralph Lauren honors frontline workers, on the lines of the USTA Billie Jean King National Center’s center court. The names of over 150 individual essential workers from New York City’s Mount Sinai Health System will be...

28 Aug 2020

Fashion

Ralph Lauren invests in startup Startup Natural Fiber Welding

Ralph Lauren is investing in sustainable material sciences. The global fashion brand has announced a minority investment in Natural Fiber Welding, Inc. (NFW), a startup company that has revolutionized the reuse of natural fibers. The investment will help NFW scale its patented process to develop performance apparel made from natural, sustainable...

13 Aug 2020

Business

Ralph Lauren Reports First Quarter Fiscal 2021 Results

• Strengthened Balance Sheet and Liquidity with Over $2.7 Billion in Cash & Investments and Continued Expense Reduction Actions • First Quarter Revenues Were $487 Million Reflecting Adverse Impact from COVID-19 • Ralph Lauren Digital Comp Sales Accelerated to 13% Growth, with Digital Operating Margin Expanding More than 1,000 Basis Points to...

4 Aug 2020

Fashion

Ralph Lauren launches capsule collection in honor of Pride

Ralph Lauren is commemorating Pride Month with a new capsule collection and a partnership with the Stonewall Community Foundation. Called Polo Pride, the line includes ten gender-neutral pieces for adults and children. A portion of the purchase price of each item will benefit LGBTQIA+ organizations globally, with the help of the Stonewall...

22 Jun 2020

People

Ralph Lauren nominates Darren Walker to board of directors

Darren Walker has been nominated as an independent director for the Ralph Lauren board. His election will take place at the company's 2020 annual stockholder meeting on July 30. Ralph Lauren also announced that Joyce F. Brown and Robert C. Wright will not stand for reelection for their terms, ending in July. They served respectively for 19 and...

15 Jun 2020

Business

Ralph Lauren Q4 profits drop

The company reported a Q4 net loss on Wednesday. Revenues dropped by 15.4 percent from the same period last year. For Q4, the company's net loss was 249 million dollars, slipped from 32 million dollars last year. Revenues decreased to 1,274 million dollars. The profit margin of the company decreased to -20 percent compared to 2 percent a year...

27 May 2020