Retail News

Ralph Lauren says it is profiting from less reliance on discounting

Bloomberg 11/02/2017

Fashion brand Ralph Lauren reported earnings of $1.99 a share for last quarter, beating analysts’ average projections by 10 cents. Revenue, however, was down 9 percent for the period, and yet management is claiming a victory in its new strategy to pursue higher-margin sales channels and do less discounting.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!