Sign in

    Ralph Lauren Corp (RL)

    You might also like

    Ralph Lauren Corporation (RLC) is a global leader in the design, marketing, and distribution of luxury lifestyle products, including apparel, footwear & accessories, home, fragrances, and hospitality . The company operates through three primary geographic segments: North America, Europe, and Asia, with additional non-reportable segments primarily consisting of royalty revenues from global licensing alliances . RLC's diversified business model spans retail, wholesale, and licensing channels, enabling a dynamic balance across different areas and channels .

    1. Apparel - Offers a wide range of luxury clothing for men, women, and children, emphasizing timeless style and quality.
    2. Footwear & Accessories - Provides a variety of high-end shoes, bags, belts, and other fashion accessories that complement the apparel line.
    3. Home - Designs and markets luxury home products, including bedding, bath items, and home décor, reflecting the brand's signature style.
    4. Fragrances - Develops and sells a collection of premium perfumes and colognes under the Ralph Lauren brand.
    5. Hospitality - Engages in the hospitality sector, offering experiences that embody the brand's luxury lifestyle ethos.
    NamePositionExternal RolesShort Bio

    Patrice Louvet

    ExecutiveBoard

    President and Chief Executive Officer

    Board Member at Danone; Board Member at National Retail Federation; Trustee at Hospital of Special Surgery; Member of CEO Advisory Council of the Fashion Pact

    Joined RL in July 2017; previously held senior leadership roles at Procter & Gamble; drives business transformation and innovation at RL.

    Ralph Lauren

    ExecutiveBoard

    Executive Chairman and Chief Creative Officer

    None

    Founder of RL in 1967; instrumental in building RL into a global lifestyle brand; served as CEO until November 2015.

    Bob Ranftl

    Executive

    Chief Operating Officer (effective March 30, 2025)

    None

    Joined RL in 2015; previously Regional CEO for North America; pivotal in driving growth and operational excellence across regions.

    Halide Alagöz

    Executive

    Chief Product Officer

    Board Member at American Apparel & Footwear Association

    Joined RL in 2016; became Chief Product Officer in March 2021; previously held leadership roles at H&M Corporation.

    Jane Hamilton Nielsen

    Executive

    Chief Operating Officer and Chief Financial Officer

    Board Member at Mondelez International

    Joined RL in September 2016 as CFO; became COO in March 2019; previously held leadership roles at Coach and PepsiCo.

    Justin M. Picicci

    Executive

    Chief Financial Officer

    None

    Joined RL in 2006; became CFO in May 2024; previously served as Enterprise CFO, overseeing finance functions in Asia and North America.

    Mercedes Abramo

    Executive

    Regional Chief Executive Officer for North America (effective March 1, 2025)

    None

    Set to join RL in March 2025; former Deputy Chief Commercial Officer at Cartier; previously served as President and CEO of Cartier North America.

    Angela Ahrendts

    Board

    Director

    Board Member at Airbnb and WPP; Senior Operating Adviser at SKKY Partners; Chair of Save the Children International; Member of multiple advisory boards

    Former SVP of Retail at Apple and CEO of Burberry; joined RL Board in August 2018; brings expertise in retail strategy and digital innovation.

    Darren Walker

    Board

    Director

    President of Ford Foundation; Board Member at PepsiCo and Bloomberg; Chair of multiple nonprofit boards

    Joined RL Board in July 2020; brings expertise in human capital management, sustainability, and public policy.

    Debra Cupp

    Board

    Director

    President of Microsoft North America; Board Member at Avanade

    Joined RL Board in August 2022; leads sales strategy and execution for Microsoft North America; brings expertise in technology and digital transformation.

    Frank A. Bennack, Jr.

    Board

    Director

    Executive Vice Chairman of Hearst Corporation; Chairman of Paley Center for Media; Managing Director of Metropolitan Opera

    Joined RL Board in January 1998; former CEO of Hearst Corporation; provides extensive business and financial expertise.

    Hubert Joly

    Board

    Lead Independent Director

    Board Member at Johnson & Johnson; Senior Lecturer at Harvard Business School

    Joined RL Board in June 2009; former CEO of Best Buy; provides leadership and strategic oversight as Lead Independent Director.

    Linda Findley

    Board

    Director

    None

    Joined RL Board in August 2018; former CEO of Blue Apron; held leadership roles at Etsy, Evernote, and Alibaba.

    Michael A. George

    Board

    Director

    Board Member at AutoZone

    Joined RL Board in May 2018; former CEO of Qurate Retail; brings expertise in retail and technology sectors.

    Valerie Jarrett

    Board

    Director

    CEO of Obama Foundation; Board Member at Walgreens Boots Alliance and Sweetgreen; Chair of Civic Nation; Co-Chair of The United State of Women

    Joined RL Board in October 2020; former Senior Advisor to President Obama; brings expertise in governance, strategy, and public policy.

    Wei Zhang

    Board

    Director

    Board Member at Starbucks

    Joined RL Board in November 2022; former President of Alibaba Pictures; brings expertise in e-commerce, media, and global operations.

    1. Given the recent growth in AUR (Average Unit Retail) and your comments on pricing power, how confident are you in maintaining this pricing strategy amid a potentially less favorable pricing environment, and what risks do you foresee if consumer demand weakens?

    2. Could you elaborate on the specific steps you're taking to navigate the ongoing volatility in the China market, including geopolitical and macroeconomic uncertainties, and how these factors might affect your long-term growth ambitions in the region?

    3. With North America returning to growth and plans to open new full-price stores, how are you balancing expansion with the risks of over-saturation or changing consumer behavior in the U.S., and what metrics are you monitoring to ensure prudent store growth?

    4. Despite strong international performance, particularly in Europe, how sustainable is this growth given the dynamic operating environment and potential headwinds in wholesale channels, and what strategies are in place to mitigate risks from shifting consumer trends or economic conditions?

    5. Operating margins have been expanding, but considering the ongoing investments in brand elevation and increased marketing spend, what is your outlook on margin expansion in the coming years, and how might rising costs impact this trajectory?

    Program DetailsProgram 1
    Approval DateFebruary 2, 2022
    End Date/DurationN/A
    Total additional amount$1.500 billion
    Remaining authorization amount$502 million as of September 28, 2024
    DetailsThe program allows the repurchase of up to an additional $1.500 billion of Class A common stock, excluding related excise taxes. The purpose is to return value to shareholders, manage capital structure, and potentially improve financial metrics.
    YearAmount Due (millions)Debt TypeInterest Rate (%)% of Total Debt
    20254003.750% Senior Notes3.75035.0% = (400 / 1,141.5) * 100
    20307502.950% Senior Notes2.95065.7% = (750 / 1,141.5) * 100

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Brunello Cucinelli S.p.A

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Burberry Limited

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Chanel S.A.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Giorgio Armani Corp.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Hugo Boss AG

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    J. Crew Group, Inc.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Jordache Enterprises, Inc.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    LVMH Moët Hennessy Louis Vuitton

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Tory Burch LLC

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    Vineyard Vines LLC

    The company is considered a competing business, including all subsidiaries and affiliates, regardless of any name change, merger, acquisition, or other corporate reorganization following which the corporate entity's business remains substantially the same.

    NameStart DateEnd DateReason for Change
    Ernst & Young LLP2008 PresentCurrent auditor

    No recent press releases or 8-K filings found for RL.