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Great read. Thanks for posting.Ralph Lauren Announces Its Return To True Luxury With Ambitious Plans For Growth
Ralph Lauren Company CEO Patrice Louvet and team just made its first investor day presentation since 2018 in which it announced its "Next Great Chapter: Accelerate" plan.www.forbes.com
All the collaborations with trendy brands and retro clothing has really helped Ralph gain the new generation of younger, loyal customers that they needed to push the brand forward. They are definitely moving towards being a leading luxury brand.
The newest Polo Shearling Blue Label is over $4,000. This would have been $1500 six years ago.
The 2021 Shearling Car Coat was $3000; Insane price increase.