Retail News

Ralph Lauren to close Fifth Avenue flagship, cut HQ jobs

New York Post 04/04/2017

Ralph Lauren is closing its flagship store on New York’s Fifth Avenue after two years. The company also plans to cut jobs at its corporate headquarters and move its e-commerce business to Saleforce’s Commerce Cloud in an effort to save $140 million. Lauren previously announced store closings and job cuts expected to save up to $220 million.

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