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Tiger of Sweden appoints new CEO

Tiger of Sweden, one of the prominent luxury clothing retailers of Sweden, has announced that Hans-Christian Meyer, former President of Ralph Lauren Corporation, will be its new Chief Executive Officer (CEO), effective 1 September, 2017. Meyer, associated with Ralph Lauren since 2006, has more than 25 years of experience with strong and well-established fashion and apparel brands. He has gained vast knowledge from the industry, especially within retail operations and expansions. “I am thrilled to […]

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Ralph Lauren registers sales drop

Ralph Lauren Corporation, a global leader in the design, marketing, and distribution of premium lifestyle products, has reported its financial results for the fourth quarter and full year fiscal 2017. The retailer’s revenue decreased 16 per cent to US $ 1.6 billion in the quarter; excluding the impact of foreign currency and on a 13-week to 13-week basis, revenue was down 12 per cent to last year. For the quarter reported, international revenue also dropped […]

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New leader at Ralph Lauren!

Formerly the Group President of Global Beauty at Procter & Gamble (P&G), Patrice Louvet is joining the team at American fashion brand, Ralph Lauren as President and CEO, effective from July 17. One of the most successful executives in the consumer products industry, Louvet has over 25 years of experience at P&G and has overseen several different multi-billion valued, category-leading businesses and has served on copious management and key leadership roles in North America, Europe […]

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Ralph Lauren to cut jobs

Fashion retailer Ralph Lauren has reportedly decided to lay off more than 100 employees at its North Carolina facility. The decision will hit a number of people employed with the company in various roles such as analysts, fulfilment centre specialists, supervisory IT roles, and technicians. The job cut has come under its ‘Way Forward Plan’ aimed to return the company to sustainable, profitable growth and continue to move its business and iconic brand forward. Also […]

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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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