Ralph Lauren Preps for China
→ Form www.0755zb.com 2014/8/15

Ralph Lauren Corp. reiterated its commitment to expanding the luxury accessories business, including handbags and fine-jewelry and watches. The company stated that accessories business is the future growth opportunity, especially across Asia. Ralph Lauren reported that profit fell 10.5% year on year to $162 million in the first quarter that ended on June 28; however, revenue increased 3% to $1.7 billion.
The company plans to open a Ralph Lauren luxury flagship store in China in the third quarter. It anticipates global sales growth of between 6% and 8% this fiscal year, while the operating margin is reduced by 75 to 125 basis points due to continued investment in global retail development and infrastructure, in addition to increased advertising and marketing expense.

 Related Articles Close】【Print】【Bookmark
[2015/5/25]  Algara Launches Color-Changing Jewelry
[2015/5/25]  In a Surprise Decision, the European Parliament Voted Yester..
[2015/5/25]  Diamond Industry Stock Report on May 22th, 2015
[2015/5/25]  Shore Gold to Raise $2M
[2015/5/25]  Lucapa Parcel Achieves $2M
[2015/5/25]  Zimbabwe''s Diamond Sales Plummet
[2015/5/25]  De Beers to Sell Tailings Op.
[2015/5/25]  Gem Diamonds'' Sales -9%
[2015/5/25]  U.S. Updates Diamond Trade Participants
[2015/5/25]  NY Antique Jewelry Show Begins July 24
  China news
  International news
  Fair news
  Inteqrated news
  Fashion news
  New Products
  T show
  Gold price
  China retail
  China enterprises
  Jewelry fairs
  China guidance
  About jewelry
  Browse jewelry
  China brands