Home / Knowledge / News / Apparel/Garments / Ralph Lauren clocks better-than-expected Q1 FY'13
Ralph Lauren clocks better-than-expected Q1 FY'13
Aug '12
Ralph Lauren Corporation reported net income of $193 million, or $2.03 per diluted share, for the first quarter of Fiscal 2013, compared to net income of $184 million, or $1.90 per diluted share, for the first quarter of Fiscal 2012.

"The growing global appeal of the World of Ralph Lauren is supported by our continued reinvestment in the business," said Ralph Lauren, Chairman and Chief Executive Officer.

"Our products are the lifeblood of our success and we are building on our leadership position in apparel to create exciting new avenues of growth with handbags, footwear, watches and jewelry.

“At the same time, we are expanding our presence in the world's most dynamic markets, particularly in China and online. Our luxury lifestyle positioning is a tremendous asset as we execute on our long-term goals and the passion and dedication of our teams around the world is incredibly invigorating."

"Our better-than-expected first quarter earnings demonstrate the operational discipline of our organization," said Roger Farah, President and Chief Operating Officer. "Our performance was achieved on top of exceptionally robust expansion in the preceding two years and despite our decision to wind down certain North American and Asian operations.

“Balanced revenue gains across all channels of distribution highlight the diversity of our business model. The resilience of our profit margins is particularly noteworthy as we continue to navigate through raw materials cost inflation and a high level of investment in our key growth objectives.

“While we are proud of our strong start to Fiscal 2013, the outlook for consumer spending and global economic growth remains challenging and we are planning our business accordingly."

Click here to read more details:

Ralph Lauren Corporation

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search