RL - Ralph Lauren Corp
Company Overview
Name
Ralph Lauren Corp
Tickers
RL
Exchanges
NYSE
Employees
23400
Founded
1967
Sector Information
Other Information
CIK
1037038
Category
Large accelerated filer
1-Line Summary
Ralph Lauren Corporation is a global leader in luxury lifestyle products, encompassing apparel, home goods, fragrances, and hospitality.
Company summary
Ralph Lauren Corporation, founded in 1967 by Ralph Lauren, is a global leader in the design, marketing, and distribution of luxury lifestyle products. The company's diverse portfolio includes apparel, footwear and accessories, home products, fragrances, and hospitality offerings. Ralph Lauren operates through a well-integrated multi-channel distribution network consisting of retail, wholesale, licensing, and online platforms. With a significant presence across the North American, European, and Asian markets, the company sells through its retail stores, concession-based shop-within-shops, digital commerce sites, and major department stores, reaching consumers in various regional markets around the globe.
The company's business segments are strategically organized to diversify risk, with North America accounting for a substantial share of revenues, followed by Europe and Asia. Ralph Lauren prides itself on its distinctive brand image and commitment to authenticity and timeless style, which has allowed it to maintain competitive advantages in an increasingly dynamic luxury market. Additionally, the company emphasizes sustainability practices and has embarked on initiatives such as the Next Generation Transformation project aimed at enhancing operational efficiencies and improving customer engagement through direct-to-consumer models.
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