We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Sep 20, 20202:36am

Ralph Lauren gains 7.4% and grows 3% more in the first quarter

The American group scored sales for 1.4 billion dollars, while the net benefit was 117.1 million dollars.

Jul 30, 2019 — 7:30pm
Mds
Related topics
Save

Ralph Lauren gains 7.4% and grows 3% more in the first quarter

 

 

Ralph Lauren starts fiscal 2019 on the rise. The American company closed Q1 with a net benefit of 117.1 million dollars, what supposed a rise of 7.4% compared to the same period last year.

 

Sales in the company registered less variation in the net result. In the first trimester, Ralph Lauren revenue was 1.4 billion dollars. The company evolved positively in its international markets, specially Asia, where its revenue rose 4.2%.

 

 

 

 

In United States, Ralph Lauren’s income rose 3% compared to the same period last year, up to 719.4 million dollars. In Europe, the growth was only 1.5%, up to 360.8 million dollars.

 

By distribution channels, Ralph Lauren’s owned stores revenue was 917.6 million dollars in Q1, 3.6% more. In multibrand, the increase was 1.3%, up to 472.5 million dollars.

 

To the closure of Q1 fiscal year 2020, Ralph Lauren counted with 227 establishments in North America, 121 in Europe and 743 in Asia. The group also counts with 80 stores around the world with chain Club Monaco.

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...