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
[2015/4/21]  ADK Jewelry on Shenzhen Jewelry Trade Show
[2015/4/21]  Chang & Life —— He Zhang Chang 15-year Jewelry Creation Exhi..
[2015/4/21]  GECI to Launch Gem and Jewelry Management Course
[2015/4/21]  Chow Tai Fook Sales -9% in 4Q
[2015/4/21]  Lazare Kaplan''s Revenue -32% in 3Q
[2015/4/21]  Paris Thieves Snatch Purse Containing $5M Worth of Jewels
[2015/4/21]  U.S. Jewelry Price Index -4% in March
[2015/4/21]  Former Alrosa CEO Tapped as Severalmaz CEO
[2015/4/21]  Antwerp Diamond Industry Networking in US
[2015/4/21]  The Finds Keep Coming at the Lulo Diamond Concession in Ango..
 
  News
  China news
  International news
  Fair news
  Inteqrated news
  Fashion
  Fashion news
  New Products
  T show
  Gold price
  International
  Shanghai
  China retail
  Service
  China enterprises
  Jewelry fairs
  Organizations
  China guidance
  Spaciel
  About jewelry
  Browse jewelry
  China brands