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Ralph Lauren focusing on its Way Forward Plan

Flexible e-commerce platform through a new collaboration with Salesforce’s Commerce Cloud (formerly Demandware) among several actions have been announced by fashion retailer Ralph Lauren as part of the continued execution of its ‘Way Forward Plan’ to return the company to sustainable, profitable growth and continue to move its business and iconic brand forward. The new solution is expected to deliver a more consistent customer experience across the global digital ecosystem, with an advantaged total operating […]

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START-UP Entrepreneurship: Transformation from learning to execution

An important engine of growth in the economy, start-up entrepreneurs are usually characterized with their out-of-the-box idea, risk-taking attribute, self-confidence and decision making ability. Is it really that bright idea that comes to mind like a flash of light or is it the problem-solving idea by finding the gaps that comes over a period of understanding and experience in the industry? Experience gained over the years in the apparel industry acted as business incubator or […]

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Ralph Lauren’s Womenswear VP departs

Following the resignation of Stefan Larsson, CEO at Ralph Lauren is the departure information of Françoise Rousseau from her position of Vice President of the Women’s sales for all brands of clothing and accessories on the EMEA market. After a twenty-year collaboration with the brand, Rousseau has the entered the Escada team as Vice President – Wholesale where she will be responsible for implementing the development and growth of Escada and Escada Sport brands.  Also […]

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Fashion retailer Ralph Lauren creates two new management roles

Fashion retailer Ralph Lauren has tapped Jonathan Bottomley for the newly created role of Chief Marketing Officer with effect from 3rd April. He will be responsible for evolving Ralph Lauren’s brand voice, leading the global marketing team and building cut-through marketing strategies across the company’s brands. Jonathan previously served as Chief Strategy Officer at Vice Media. Prior to that, he was Chief Strategy Officer and Managing Partner in the London headquarters of Bartle Bogle Hegarty where he led strategic brand-building efforts […]

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Ralph Lauren’s Q3 revenue dips

Ralph Lauren Corporation, a global leader in the design, marketing, and distribution of premium lifestyle products, has announced results for its third quarter. In the period under review, the fashion retailer’s revenue declined 12 per cent compared to last year on a reported basis and was down 11 per cent in constant currency, in line with the guidance provided in November. On a reported basis, international net revenue declined 6 per cent in the third […]

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Fashion brand Ralph Lauren ropes in Kevin Carrigan as Creative Head

Fashion retailer Ralph Lauren has tapped Kevin Carrigan to take the new role of Senior Vice President and Creative Director at the company. Kevin will oversee women’s line Lauren and Chaps of the fashion brand. He previously spent 18 years at Calvin Klein, rising to the role of Global Creative Director there. Commenting on the appointment, Valérie Hermann, President – Ralph Lauren said, “Kevin is a proven leader with significant brand experience. Consistent with the […]

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Ralph Lauren opts for forest-friendly sourcing

Fashion retailer Ralph Lauren has committed to trace its supply of wood-based fabrics to prevent rainforest destruction and human rights abuses. The luxury brand has joined a number of other apparel brands including H&M, ZARA and ASOS, to adopt purchasing policies aimed at preventing deforestation. “The firm plans to publish and implement new sourcing guidelines this year as part of a ‘broader initiative to establish a traceability, risk assessment and verification framework’. We’ve already communicated this […]

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The TJX Companies makes addition to its Board of Directors

The TJX Companies Inc., leading off-price retailer of apparel and home fashions in the US and worldwide, has announced that Jackwyn Nemerov has been elected to its Board of Directors. The company release informs that Nemerov is the former President and Chief Operating Officer of Ralph Lauren Corporation, and previously served as its Executive Vice President. During her 12-year tenure with the fashion brand, from 2004 through her retirement in 2015, she led the Wholesale, […]

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Ralph Lauren to concentrate on its core business

Fashion retailer Ralph Lauren has announced its plans to focus on its core business and has shared a ‘way forward’ restructuring plan to be implemented in the coming months. Stefan Larsson, CEO, Ralph Lauren has issued a series of statements wherein his decision to stop working with the less profitable multi-brand stores has been mentioned. According to the CEO, 20-25 per cent of the label’s wholesale clients will not be served any longer. Another decision […]

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Ralph Lauren out with is Q2 FY ’17 results

Ralph Lauren Corporation, a global leader in the design, marketing, and distribution of premium lifestyle products, has reported its financial results for the second quarter of the financial year 2017 ended October 1, 2016. The company’s gross profit totalled US $ 954 million driven by favourable geographical and channel mix shifts and lowered product costs. In the period under review, the company’s net revenues were down by 8 per cent to US $ 1.8 billion compared […]

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Spring/Summer ’17 Trends From the Ramps of New York & London

For retailers it’s been a monumental fashion week for one reason in particular, it marked the first time ever Fall 2016 buy-it-now collections from the likes of Ralph Lauren, Thakoon, Tom Ford and Tommy Hilfiger that ran alongside traditional Spring 2017 collections, which meant that themes and products are crossing seasonal boundaries now more than ever. Requiring retailers to pay even closer attention to fabric weight, palette and timing than ever before, these top 5 […]

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Ralph Lauren appoints David Lauren as its Vice Chairman and Chief Innovation Officer

US-based luxury fashion retailer Ralph Lauren has named David Lauren as its new Vice Chairman and Chief Innovation Officer (CIO) to help drive the brand across all channels, as per reports. It has also been reported that the appointment is part of Stefan Larsson’s, the company’s Chief Executive Officer’s “Way Forward” plan to revive Ralph Lauren Corp.’s sales, and the turnaround effort will also see the closure of 50 underperforming stores, corporate job cuts of around […]

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New Times Group takes over Ralph Lauren’s India liaison office

Ralph Lauren has recently shut down its liaison office in India and given responsibility of its sourcing operations to the New Times Group. As of now most of the staff of Ralph Lauren has shifted to New Times Group though few top-level and some middle-level professionals have decided to join elsewhere or are looking for new opportunities. Currently, New Times Group is operating from the same premises of Ralph Lauren but things may change in […]

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American Eagle Outfitters appoints new Executive VP & CFO

American Eagle Outfitters, a leading global specialty retailer, has named Bob Madore as the new Executive Vice President and Chief Financial Officer with effective from 28th October, 2016. He will oversee all aspects of Finance, Merchandise Planning and Allocation and Investor Relations in his role at the company. Thrilled about his new role, Bob remarks, “I’m pleased to join American Eagle Outfitters at an exciting time of transformation and growth. I look forward to building upon its success and contributing […]

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Century Textiles likely to merge its ‘textile’ division with ABFRL

Century Textiles is looking to devolve its textile business and merge it with Aditya Birla Fashion and Retail Ltd. (ABFRL) in their bid to bring the entire fashion and textile business of the Aditya Birla Group under one roof, the media reports claim. Century Textiles gets almost 9 per cent of its total revenue from its fabric and denim business and is also a supplier to Aditya Birla Fashion and Retail. Also Read – Aditya […]

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