Centered in New York City, the company – home of the original Polo emblem – designs, markets and sells luxury apparel, footwear, accessories, fragrances and home furnishings under its portfolio of various brands.
As of April 2010, the Ralph Lauren Corporation operated a total of 179 full-price stores, 171 factory stores, and 281 “concessions-based shop-within-shops” – a total of 631 locations worldwide.
The company has been struggling with falling sales and profits attributed to several factors, including failing to keep up with rapidly changing retail trends and new style preferences, and the decline in popularity of brick-and-mortar stores in favor of online shopping. The company’s stocks have fallen nearly 48 percent from its December 2014 high of $182.74
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5 comments:
If I could afford a $125 polo shirt, I would spend the money elsewhere.
Venezula
Most of us no longer have the disposable income to afford designer clothing. I get mine at the goodwill store. I bought a practically new Joseph A Banks suit for 15 dollars. Might have been used one time for a funeral, but who cares? I take it to the drycleaners and it is as good as new!!!!
I'm sure the economy has a lot to do with it, however there are other name brands that are taking over as well.
So Obama's plan is working out beautifully. Disposable income in plummeting. Excellent. Just as he planned.
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