Ralph Lauren

Sam Edelman to Give Keynote Address and Receive Honorary Doctorate at LIM College's 2024 Commencement Ceremony

Retrieved on: 
Tuesday, March 26, 2024
LIM College, College, Education, Knowledge, Ralph Lauren, Student, Footwear News, New Yorker, Nordstrom, Sam, Partner, David Geffen Hall, LIM, Fashion design

NEW YORK, March 26, 2024 /PRNewswire/ -- LIM College, located in New York City and focused on the business of fashion and lifestyle, today announced that Sam Edelman, a visionary and pioneer in contemporary fashion, will deliver the keynote address to the Class of 2024 at the College's 85th Commencement exercises.

Key Points: 
  • Edelman will also receive LIM's Distinguished Achievement Award and an honorary Doctor of Commercial Science degree.
  • The ceremony will be held at David Geffen Hall, Lincoln Center on May 17 at 9 a.m.
  • Inspired by timeless American elegance, Edelman brings an irreverent and on-trend style to his eponymous fashion lifestyle brands, including Sam & Libby, Sam Edelman, and Circus NY by Sam Edelman.
  • Sam and his wife, muse, and lifelong business partner Libby Edelman joined the Caleres family of brands in 2010, establishing the Sam Edelman Division, for which he today serves as President.

Ralph Lauren Reports Strong Third Quarter Fiscal 2024 Holiday Results Ahead of Expectations

Retrieved on: 
Thursday, February 8, 2024
Retail, Luxury, Fashion, Ralph Lauren, Comparable, EPS, Digital, Zawar Farid, Culture, Partnership, Investment, Growth, GAAP, Common stock, Dream, Artist-in-residence, Life, TIME, Fiscal, Ralph Lauren Corporation, Public expenditure, Marketing, RL, Pressure, Coffee

In the third quarter of Fiscal 2024, revenue increased 6% to $1.9 billion on a reported basis and was up 5% in constant currency.

Key Points: 
  • In the third quarter of Fiscal 2024, revenue increased 6% to $1.9 billion on a reported basis and was up 5% in constant currency.
  • Operating income for the third quarter of Fiscal 2024 was $318 million and operating margin was 16.4% on a reported basis.
  • Net income in the third quarter of Fiscal 2024 was $277 million, or $4.19 per diluted share on a reported basis.
  • To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Third Quarter 2024 conference call.

Innovation Continues to Propel a Legacy Home Furnishings Brand

Retrieved on: 
Wednesday, December 13, 2023
Arnold Palmer, Longevity, Ford, Ralph Lauren, Grammy Awards, Science, Marketing, Link, Great Depression, Ford Motor Company, Depression, Workplace, Face, Travel, Pleasure, Nautica, Southern Living

Over a legacy spanning 120-years, its leadership has demonstrated a remarkable ability to anticipate change and adapt their business model to meet the moment.

Key Points: 
  • Over a legacy spanning 120-years, its leadership has demonstrated a remarkable ability to anticipate change and adapt their business model to meet the moment.
  • Lexington did the opposite, building inventory as quickly as possible, anticipating the need for home furnishings as consumers were compelled to work remotely.
  • Its legacy of quality craftsmanship, product innovation, and market anticipation has allowed the company to remain an acknowledged industry leader for over a century.
  • These qualities have never been more important, given the changing dynamics of the workplace and the elevated importance of home.

Ralph Lauren Reports Second Quarter Fiscal 2024 Results Ahead of Expectations

Retrieved on: 
Wednesday, November 8, 2023
Men, Department Stores, Professional Services, Home Goods, Restaurant, Bar, Consumer, Jewelry, Specialty, Fashion, Cosmetics, Footwear, Retail, Teens, Women, Finance, Children, Online Retail, Ryder Cup, Social media, Sport, NYSE, LA28, RL, Fiscal, Public expenditure, AUR, Pressure, Golden Week, GAAP, New York Fashion Week, Ralph Lauren, Agility, Ralph Lauren Corporation, Common stock, Comparable, Woman, Growth, Wimbledon, EPS, Digital, Marketing, Ecosystem, Music, Culture, ATP Challenger Tour, Investment, Collection, Security (finance), Fashion design, Video game, Cryptocurrency, Online shopping, Insurance, Health insurance

In the second quarter of Fiscal 2024, revenue increased 3% to $1.6 billion on a reported basis and was up 2% in constant currency.

Key Points: 
  • In the second quarter of Fiscal 2024, revenue increased 3% to $1.6 billion on a reported basis and was up 2% in constant currency.
  • Operating income for the second quarter of Fiscal 2024 was $164 million and operating margin was 10.1% on a reported basis.
  • Net income in the second quarter of Fiscal 2024 was $147 million, or $2.19 per diluted share on a reported basis.
  • To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Second Quarter 2024 conference call.

Neiman Marcus' Magic Makers Ignite the Holiday Season

Retrieved on: 
Wednesday, October 25, 2023
Maker, Sale, United States national team, Holiday, Love, Autumn, Ultimate, Neiman, History, Walt Disney Animation Studios, NMG, Magic, Cadillac, American Ballet Theatre, Ralph Lauren, American Ballet, White elephant, Riviera, Marketing, Boy, Fantasy, Baccarat, Pelorus (yacht), Neiman Marcus, Boys & Girls Clubs of America, Travel, Come, Express, Icelandic Christmas book flood, Ballets with a Twist, Beauty, Retail, Tourism, Fashion design, Film industry, Toy, DALLAS

DALLAS, Oct. 25, 2023 /PRNewswire/ -- In celebration of the holiday season, Neiman Marcus is creating the preeminent shopping destination through immersive experiences, unparalleled clienteling, and the ultimate luxury fashion and gifting assortment. The retailer today unveiled the 97th edition of its iconic Christmas Book, inclusive of its legendary Fantasy Gifts, through the theme of Neiman's Express. These beloved initiatives bring to life the Magic of Neiman Marcus for its discerning customers in pursuit of the extraordinary. Neiman Marcus will amplify its holiday experiences through a strategic digital-first, integrated marketing strategy.

Key Points: 
  • These beloved initiatives bring to life the Magic of Neiman Marcus for its discerning customers in pursuit of the extraordinary.
  • The integrated luxury retailer's 2023 holiday campaign invites customers to explore remarkable gifts and holiday dressing inspiration through white-glove service.
  • Neiman Marcus will also create the holiday magic by hosting more than 500 events this holiday season including Breakfast with Santa, White Elephant parties in select stores, trunk shows, and gift personalization moments.
  • The Fantasy Gifts, holiday campaign, gift guides, and Magic Maker Series are now viewable on Neiman's online and corporate channels, and in stores.

Ralph Lauren is Expanding in Canada with Digital Commerce Launch and First Luxury Store Opening

Retrieved on: 
Wednesday, September 27, 2023
Online Retail, Fashion, Luxury, Retail, Department Stores, RL, Yorkdale Shopping Centre, Purple Ribbon Records, Ralph Lauren Corporation, Sporting Life, City, Growth, Region, Ralph Lauren, NYSE, Fashion design

Ralph Lauren Corporation (NYSE:RL) today announced that it is expanding in Canada with the launch of dedicated digital commerce and the first Ralph Lauren store in the country.

Key Points: 
  • Ralph Lauren Corporation (NYSE:RL) today announced that it is expanding in Canada with the launch of dedicated digital commerce and the first Ralph Lauren store in the country.
  • Currently, Ralph Lauren has 12 outlet stores in Canada as well as a wholesale presence at key retailers, including Hudson’s Bay, Sporting Life and Harry Rosen.
  • The Company plans to open a number of Ralph Lauren stores across the country in the coming years.
  • The Ralph Lauren store features a mix of Men’s Purple Label and Women’s Collection, as well as a curated selection of Polo Ralph Lauren Men’s and Women’s collections.

Innovative Underwear Brand Tommy John Names Cheryl Abel-Hodges as the Chief Executive Officer

Retrieved on: 
Wednesday, September 13, 2023
Retail, Specialty, Fashion, Erin, Partnership, Partner (business rank), Multimedia, Liz Claiborne, PVH, Growth, Ralph Lauren, Izod, Fashion design, Management, Clothing

Leading underwear brand Tommy John has tapped industry leader Cheryl Abel-Hodges as its new Chief Executive Officer.

Key Points: 
  • Leading underwear brand Tommy John has tapped industry leader Cheryl Abel-Hodges as its new Chief Executive Officer.
  • Last week, she joined Tommy John’s executive team from her former role as Calvin Klein’s Chief Executive Officer.
  • She will work closely with brand founders, Tom Patterson and Erin Fujimoto to build the Tommy John brand through continued wholesale expansion and product innovation.
  • “I’ve closely followed Tommy John over the years and am deeply impressed with the unique brand voice, product, and consumer brand loyalists.

SID MASHBURN AND ANN MASHBURN OPEN ON MADISON AVENUE

Retrieved on: 
Tuesday, August 29, 2023
Laguiole, Monocle, PT01, Tailor, Junghans, Clothing, Rega, Mashburn, Sid Mashburn, Commerce, J.Crew, Madison Avenue, Diadora, Jewellery, Ralph Lauren, Jackson Heights–Roosevelt Avenue/74th Street station, Shoe, Fashion design, Interior design, Timex, Saphir

NEW YORK, Aug. 29, 2023 /PRNewswire/ -- Ann and Sid Mashburn reopened the doors of their newly renovated and carefully curated Mashburn store on Madison Avenue on Thursday, August 3.

Key Points: 
  • NEW YORK, Aug. 29, 2023 /PRNewswire/ -- Ann and Sid Mashburn reopened the doors of their newly renovated and carefully curated Mashburn store on Madison Avenue on Thursday, August 3.
  • The store is located at 926 Madison Avenue, at the southwest corner of Madison Avenue and 74th Street on Manhattan's Upper East Side.
  • While it shares a single entrance, the store is divided between the Sid Mashburn men's brand and the Ann Mashburn women's brand.
  • Ann Mashburn
    In addition to their New York City store, Mashburn has locations in Atlanta, GA; Dallas, TX; Houston, TX; and Washington D.C., with a Sid Mashburn shop location in Los Angeles, CA.

The CORE addresses forced labour complaints against two Canadian companies

Retrieved on: 
Tuesday, August 15, 2023
Policy, CORE, Ralph Lauren

OTTAWA, Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Canadian Ombudsperson for Responsible Enterprise (CORE) has published today Initial Assessment reports regarding complaints about two Canadian companies: Ralph Lauren Canada LP (Ralph Lauren Canada) and GobiMin.

Key Points: 
  • OTTAWA, Aug. 15, 2023 (GLOBE NEWSWIRE) -- The Canadian Ombudsperson for Responsible Enterprise (CORE) has published today Initial Assessment reports regarding complaints about two Canadian companies: Ralph Lauren Canada LP (Ralph Lauren Canada) and GobiMin.
  • They allege that the two companies have operations or supply chains in the northeastern Xinjiang region of the People’s Republic of China, which have used or benefitted from the use of Uyghur forced labour.
  • The Ralph Lauren Canada Initial Assessment report details the allegation that Ralph Lauren Canada has supply relationships with Chinese companies that use or benefit from the use of Uyghur forced labour.
  • Following the publication of these three reports, the CORE will launch an investigation into the complaint regarding Ralph Lauren Canada.

Ralph Lauren Reports First Quarter Fiscal 2024 Results and Reiterates Full Year Outlook

Retrieved on: 
Thursday, August 10, 2023
Luxury, Textiles, Manufacturing, Home Goods, Fashion, Cosmetics, Footwear, Retail, Online Retail, RL, Pressure, Common stock, Optimism, Comparable, Marketing, Culture, Wimbledon, Men's Fashion Week, RRL, AUR, GAAP, Fashion week, Woman, Ralph Lauren Corporation, Public expenditure, Met Gala, Beauty, Dream, Investment, Growth, EPS, Ecosystem, Ralph Lauren, Environment, Milan Furniture Fair, NYSE, Digital, Golden Week, Fiscal, Security (finance), Fashion design, Renewable energy, Video game, Cryptocurrency, Insurance

In the first quarter of Fiscal 2024, revenue increased slightly to $1.5 billion on a reported basis and was up 1% in constant currency.

Key Points: 
  • In the first quarter of Fiscal 2024, revenue increased slightly to $1.5 billion on a reported basis and was up 1% in constant currency.
  • Operating income for the first quarter of Fiscal 2024 was $166 million and operating margin was 11.1% on a reported basis.
  • Net income in the first quarter of Fiscal 2024 was $132 million, or $1.96 per diluted share on a reported basis.
  • To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren First Quarter 2024 conference call.