Ralph Lauren Archives - ASHARQ AL-AWSAT English Archive

Retailer Ralph Lauren to Cut Jobs, Close Stores, Lower Real Estate

by Asharq Al-Awsat English | Jun 7, 2016 | Fashion

Luxury fashion retailer Ralph Lauren Corp announced it would cut jobs, shut shops and reduce its real estate as part of a sweeping plan to lower costs and revive sales growth. Ralph Lauren’s shares were down 10 percent at $86.50 in premarket trading on Tuesday....

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Middle-east Arab News Opinion | Asharq Al-awsat

Retailer Ralph Lauren to Cut Jobs, Close Stores, Lower Real Estate

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