Ralph Lauren Corp. bounced back in the fiscal second quarter.
“We delivered another quarter of strong progress on our Fiscal 2022 plan, with second quarter results exceeding our expectations across all key financial, operating and consumer health metrics,” said Patrice Louvet, president and chief executive officer. “Ralph Lauren remains on offense — our market share is growing and we are increasing our investments to deliver on further opportunities for growth.
Included in that volatility are a host of supply chain issues that are pressuring all importers and inflationary pressures that, aside from Ralph Lauren’s brand elevation efforts, are making life harder for producers.Ralph Lauren, executive chairman and chief creative officer, said: “We continue to grow and evolve in ways I never imagined, all while holding true to the spirit of timelessness that defines who we are.
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