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Ralph Lauren

  • Ralph Lauren turnaround effort impacts Q1

    Ralph Lauren Corp. swung to a loss in its first quarter as costs related to efforts to turn around its business cut into first quarter earnings. But it still managed to beat Wall Street expectations.   The company lost $22 million, or 27 cents per share, versus net income of $64 million, or 73 cents per share, in the year-ago period.     Revenue in the quarter was down 4% to a better-than-expected $1.55 billion.     

  • Analysis: Is Ralph Lauren Corp. moving away from luxury?

    Ralph Lauren Corp. made headlines with its June 7th announcement that it planned to close 50 stores and lay off 1,000 employees as part of a restructuring in response to lower sales.     The announcement  didn't go into specifics about the luxury brand’s plans to correct its course. But some industry insiders speculate that the background of Ralph Lauren CEO  Stefan Larsson, who took the reins of the company in September,  holds the key.   

  • Ralph Lauren poaches Coach, Amazon execs as part of turnaround

    Days after announcing its “Way Forward Plan” reorganizational plan, Ralph Lauren Corp. named three new senior executives who will help oversee it.  

  • Massive Ralph Lauren restructuring to include shuttering 50 stores

    Ralph Lauren Corp. is seeking to rectify what it acknowledges have been operational mistakes with a program of cuts and organizational streamlining it calls “The Way Forward Plan.”

  • Ralph Lauren restructuring to include shuttering 50 stores

    Ralph Lauren Corp. is seeking to rectify what it acknowledges have been operational mistakes with a program of cuts and organizational streamlining it calls “The Way Forward Plan.”

  • Holland a perfect fit as ICSC chair

    Members of the International Council of Shopping Centers (ICSC) elected Elizabeth Holland as chairman, marking only the fourth time in the past 59 years a woman has chaired the organization.

    Holland brings a unique skill set to the role given ICSC’s top legislative priority and the upcoming presidential election. The period following the inauguration of a new president is always a critical time in Washington, heralding what is traditionally the most active time in the legislative cycle, according to ICSC.

  • Old Navy taps Gap’s supply chief as president

    Gap Inc. has named a longtime member of its executive team to head up its Old Navy brand.

    The retailer appointed Sonia Syngal as global president of Old Navy, effective immediately, as it looks to reenergize its value-driven brand. She succeeds Stefan Larsson, who left last year to become CEO of Ralph Lauren Corp.

    Syngal, a 12-year Gap veteran, most recently served as executive VP of global supply chain and product operations for Gap Inc.

  • American Eagle expands portfolio and profit

    American Eagle Outfitters is adding brands to its portfolio that could diversify the company's reach and eventually lead to new store formats.

    American Eagle has acquired Todd Snyder New York, an upscale menswear brand, and Snyder’s Tailgate Clothing Co., a vintage sports-inspired brand that operates a college-town store concept.

    Todd Synder, founder and creative director of his eponymous company, will join American Eagle as executive VP, reporting to Chad Kessler, global brand president, American Eagle

  • Old Navy exec sets sail to become CEO of Ralph Lauren

    The top executive at Gap Inc.’s fastest growing division, Old Navy, has resigned to become CEO of Ralph Lauren.

    Gap Inc. said that Stefan Larsson would step down as global president of Old Navy effective October 2, 2015, and the division would be led on an interim basis by Jill Stanton, executive VP of global product at Old Navy.

  • Old Navy exec sets sail for Ralph Lauren

    Jill Stanton was named interim president of Old Navy after the top executive at Gap Inc.’s fastest growing division left the company to become CEO of Ralph Lauren.

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