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Polo Ralph Lauren Announces Formation of a New Group to Build Exclusive Brands
NEW YORK New York, state, United States
New York,[link widoczny dla zalogowanych], Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E),[link widoczny dla zalogowanych], New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Polo Ralph Lauren Polo Ralph Lauren (NYSE: RL) is American fashion designer Ralph Lauren's luxury lifestyle company. Polo Ralph Lauren specializes in high-end casual/semi-formal wear for men and women, as well as accessories,[link widoczny dla zalogowanych], fragrance, and housewares. Corporation (NYSE NYSE
See: New York Stock Exchange : RL), one of the foremost global fashion luxury brands, today announced that the company is starting a new group named Global Brand Concepts (GBC GBC Game Boy Color
GBC Global Business Coalition
GBC Green Building Council
GBC George Brown College
GBC Great Basin College (Nevada)
GBC General Binding Corporation
GBC Greater Baltimore Committee
GBC Goldey-Beacom College ), which will develop new lifestyle brands for specialty and department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. . For almost 40 years, Polo Ralph Lauren has successfully built multiple brands under the Ralph Lauren name; and as such, the company is uniquely positioned to work in partnership with stores seeking individuality in the marketplace by creating their own exclusive brand.
Through experience,[link widoczny dla zalogowanych], customer insight and knowledge, the Company can provide the design supervision and the expertise needed to navigate and succeed in this complicated market with key selective partners who have the capability to support this type of initiative. The group will be available to design, market and advertise full lifestyle product including men's, women's, children's,[link widoczny dla zalogowanych], home and accessories.
Chairman and Chief Executive Officer Ralph Lauren said, "The concept for this new initiative is pretty simple. We've built and elevated our luxury brand, led the way in many respects, and now we can do the same for new types of brands. There's a strong need in the marketplace for individuality to drive traffic into stores. We will meet that need by partnering throughout the process on quality design, operations, marketing, merchandising, and advertising. We can be all of that for stores looking for Looking for
In the context of general equities,[link widoczny dla zalogowanych], this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. new, specialized brands."
Company President and Chief Operating Officer Chief Operating Officer (COO)
The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Roger Farah added, "This fits into our overall strategy of continuing to invest in the breadth of our unique offering. We are setting up a structure which can basically be a one-stop shop One-Stop Shop
A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers,[link widoczny dla zalogowanych]. for companies in need of niche opportunities to meet customer's demands,[link widoczny dla zalogowanych]."
ABOUT POLO RALPH LAUREN
Polo Ralph Lauren Corporation (NYSE: RL) is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel,[link widoczny dla zalogowanych], home, accessories and fragrances. For more than 39 years, Polo's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Polo by Ralph Lauren,[link widoczny dla zalogowanych], Ralph Lauren Purple Label, Ralph Lauren, Black Label, Blue Label, Lauren by Ralph Lauren, RRL, RLX RLX Relaxin ,[link widoczny dla zalogowanych], Rugby, RL Childrenswear, Chaps and Club Monaco, constitute one of the world's most widely recognized families of consumer brands. Actual results might differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to materially differ include,[link widoczny dla zalogowanych], among others, changes in the competitive marketplace, including the introduction of new products or pricing changes by our competitors,[link widoczny dla zalogowanych], changes in the economy and other events leading to a reduction in discretionary consumer spending and other risk factors identified in the Company's Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information,[link widoczny dla zalogowanych].
Form 10-K
See 10-K. ,[link widoczny dla zalogowanych], 10-Q and 8-K Reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances.
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