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Fashion Ralph Lauren

  • May 18- Gap Inc reported a surprise rise in quarterly same-store sales, bucking the trend of dismal results in the U.S. retail industry, as the company benefited from the robust performance at its Old Navy brand. "Old Navy has a very significant penetration of millennial customers that are engaged in that brand," Chief Executive Art Peck said on an earnings call with...

  • Gap's sales have been buoyed by robust performance of Old Navy, with the pocket friendly brand's comparable sales rising 8 percent and handily beating Consensus Metrix's estimate of a 2.2 percent rise. Earlier in the day, Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores, and on Wednesday American Eagle Outfitters...

  • Cisco Systems Inc., down $2.44 to $31.38. Wal-Mart Stores Inc., up $2.42 to $77.54. L Brands Inc., up $1.29 to $49.69.

  • *Same-store sales down 12 pct vs est 6.5 pct. May 18- Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores as fewer customers visited its stores, sending the company's shares down 3 percent to levels last seen during the financial recession. That contributed to a 16.3 percent fall in overall sales to $1.57 billion, also hurt...

  • AT&T and Verizon each rose 1.3 percent Thursday. Wal-Mart Stores rose 3.2 percent and L Brands climbed 2.7 percent after both reported better earnings than analysts were expecting. Wal-Mart Stores rose 2.7 percent and L Brands climbed 3.5 percent Thursday after both companies reported better earnings than analysts were expecting.

  • The company reported a net loss of $204 million, or $2.48 per share, in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. Ralph Lauren posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • Ralph Lauren reported a net loss of $204 million, or $2.48 per share in the fourth quarter ended April 1, reflecting a more than $300 million charge related to restructuring and severance pay. The company posted a net income of $41.3 million, or 49 cents per share, a year earlier. Excluding items, Ralph Lauren reported a profit of 89 cents per share, beating analysts'...

  • NEW YORK— Preppy clothing retailer Ralph Lauren Corp. reported a quarterly loss and another drop in revenue on Thursday, a day after announcing a new chief executive. The latest report from the company known for its polo shirts and pony logo underscores the challenges that Patrice Louvet, who was a Procter& Gamble beauty executive, faces when he start the CEO job...

  • NEW YORK— Ralph Lauren Corp. has tapped Procter& Gamble beauty executive Patrice Louvet as its next CEO as the preppy fashion brand seeks to turn its business around. He will replace Stefan Larsson, who announced in February that he would leave the New York- based company after less than two years in the job. Louvet was most recently president of Procter& Gamble's...

  • May 17- Ralph Lauren Corp named Procter& Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the firm, following differences with founder Ralph Lauren over the direction of the company. "Finding the right partner to work with me to take us forward in our evolution has been my primary focus over the last several...

  • May 17- Ralph Lauren Corp named Procter& Gamble executive Patrice Louvet as chief executive, more than three months after his predecessor left the company following differences with founder Ralph Lauren.

  • April 26- Weight Watchers International Inc said Mindy Grossman, current chief executive of HSN Inc, will join the diet company as CEO in July, sending the company's shares up nearly 13 percent in aftermarket trading on Wednesday. Grossman was named Fortune's Business Person of the Year in 2014 and has been named one of the world's 100 most powerful women three...

  • Retail stocks swooned after downgrades and a Ralph Lauren announcement it was shutting its flagship Fifth Avenue store in New York and cutting jobs. "We're sitting on the sidelines waiting for earnings to begin in earnest next week," said Kim Forrest, senior equity research analyst, Fort Pitt Capital Group in Pittsburgh. While Trump's pro-business policy...

  • April 4- U.S. stocks were little changed on Tuesday, trading in a tight range, as investors stayed on the sidelines ahead of the first-quarter earnings season and fretted over the ability of President Donald Trump to deliver on his policy plans. Retail stocks swooned after Ralph Lauren said it was shutting its flagship Fifth Avenue store in New York and cutting...

  • April 4- Ralph Lauren Corp said on Tuesday it would cut jobs and shut its flagship Polo store on Fifth Avenue in New York City, among other office and store locations, as part of a cost-cutting plan. The New York- based retailer also said on Tuesday that it would integrate its products from the Fifth Avenue store into the Ralph Lauren men's and women's flagship stores...

  • April 4- Ralph Lauren Corp said on Tuesday it would cut jobs and shutter some office and store locations, including its flagship Polo store on Fifth Avenue, New York City, as part of a cost-cutting plan.

  • Feb 16- Ralph Lauren Corp named a Vice Media executive to the newly created role of chief marketing officer and hired Tom Ford International's chief operating officer as a brand president, weeks after the surprise resignation of CEO Stefan Larsson. Jonathan Bottomley, most recently the chief strategy officer at Vice Media's in-house advertising agency,...

  • Feb 16- Ralph Lauren Corp named a Vice Media executive to the newly created role of chief marketing officer and hired Tom Ford International's chief operating officer as a brand president, weeks after the surprise resignation of CEO Stefan Larsson. Jonathan Bottomley, most recently the chief strategy officer at Vice Media, a Canadian-American digital media...

  • Feb 16- Ralph Lauren Corp named Vice Media executive Jonathan Bottomley in the newly created role of chief marketing officer, weeks after Chief Executive Stefan Larsson stepped down following differences with founder Ralph Lauren. The company also named Tom Mendenhall as the brand president for Men's Polo, Purple Label and Double RL. Mendenhall joins from...

  • NEW YORK, Feb 2- U.S. stocks were little changed on Thursday as investors turned wary following President Donald Trump's latest comments on trade and the policies he will pursue. The S&P 500 traded at levels it was six weeks ago, losing steam as investors focus on Trump's priorities, such as restricting travel to the United States and rewriting trade deals.