Fashion Ralph Lauren


  • *Ralph Lauren, Kohl's drag down other retailers. Feb 4- A jump in materials shares helped U.S. stocks eke out a second straight day of gains on Thursday, though disappointing forecasts from retailers and anxiety ahead of Friday's jobs report limited the advance. Adam Sarhan, chief executive of Sarhan Capital in New York, said the market is trying to bounce from "...

  • Feb 4- The S&P 500 and Nasdaq edged lower in choppy trading Thursday after disappointing forecasts from retailers and as investors braced for Friday's monthly jobs report. Ralph Lauren sank 22 percent to $90.15 while Kohl's fell 18.4 percent to $41.70, the two biggest percentage decliners in the S&P 500.. The Dow was in positive territory, helped by shares of...

  • *Weekly employment numbers rise more than expected. *Ralph Lauren, Kohl's drag down other retailers. Feb 4- The S&P 500 and Nasdaq were little changed while the Dow was up 0.26 percent in choppy trading on Thursday as oil prices pared earlier gains and investors awaited the monthly jobs report on Friday.

  • Kohl's shares plunged as much as 20 percent to a near seven-year low of $41.06. Ralph Lauren's stock fell 18 percent, touching a more than five year-low of $94.02. "The worry is that the winter stock is not being sold even with deep discounts," said Neil Saunders, chief executive at retail research firm Conlumino.

  • *Weekly employment numbers rise more than expected. Feb 4- U.S. stock indexes fluctuated on Thursday as equities tracked oil prices. "In the short term, we really need to see a decent payroll number tomorrow and for earnings season to conclude with no major surprises," said Bill Merz, investment strategist at U.S.

  • The company's stock fell as much as 15 percent to $43.44 in early trading, pulling down shares of other retailers. Kohl's said it now estimates 2015 earnings of $3.95- $4.00 per share, excluding losses from debt repayment. Kohl's had earlier expected earnings to be at the low end of its forecast of $4.40- $4.60 per share.

  • Feb 4- Luxury fashion retailer Ralph Lauren Corp reported a bigger-than-expected decline in holiday-quarter sales, hurt by unusually warm weather and fewer tourists visiting its stores in North America. Total sales at established stores fell 7 percent in the quarter ended Dec. 26. Ralph Lauren's net income fell nearly 40 percent to $131 million, or $1.54 per...

  • *Weekly employment numbers rise more than expected. Feb 4- Wall Street looked set to open lower on Thursday as oil prices slipped, pressured by oversupply and skepticism about the progress of efforts to lobby crude producers for output cuts. "Investors are still keeping an eye on oil with the market reacting as if oil is a clear signal on global demand," said Scott...

  • Ralph Lauren's quarterly sales fall 4.3 pct Thursday, 4 Feb 2016 | 8:16 AM ET

    Feb 4- Luxury fashion retailer Ralph Lauren Corp reported a 4.3 percent decline in quarterly sales, hurt by unusually warm weather in North America, lower tourist traffic and a strong dollar. The company's net income fell to $131 million, or $1.54 per share, in the third quarter ended Dec. 26, from $215 million, or $2.41 per share, a year earlier. Net revenue fell to $1.95...

  • Ralph Lauren shares down on dim earnings, outlook Thursday, 4 Feb 2016 | 8:11 AM ET

    NEW YORK— Shares in Ralph Lauren fell more than 22 percent to a multiyear low Thursday after the company cut its outlook for 2016 and reported disappointing earnings it blamed on unseasonably warm holiday weather and a drop in foreign tourist traffic in North America. Looking ahead, Ralph Lauren said it now expects fiscal 2016 revenue on a reported basis to...

  • AKSU, China, Jan 12- The Youngor cotton spinning factory is one of the biggest employers in Aksu, an agricultural town on the edge of the Taklamakan desert in China's restive Xinjiang region. Youngor, one of China's largest shirt-makers, opened the plant in 2011 to be closer to the main cotton-growing region in Xinjiang. China is putting less value on being "the...

  • Dec 22- Abercrombie& Fitch Co has promoted Fran Horowitz, the president of its Hollister brand, to the newly created role of chief merchandising officer in another effort by the company to make its apparel more attractive to teen shoppers. Horowitz's promotion comes four months after Abercrombie said it had hired designers and executives from top brands such...

  • Nov 20- Abercrombie& Fitch Co's quarterly same-store sales fell less than expected and its profit more than doubled as the teen apparel retailer boosted gross margin by offering fewer promotions and controlling costs. The company's shares surged 17 percent to $22.80 in early trading on Friday. The company hired top designers from brands such as Ralph Lauren...

  • Oct 13- Global household wealth will grow at 6.6 percent annually, slower than the 7 percent estimated earlier, as the overall economic outlook remains weak, Credit Suisse said. "The United States will remain the undisputed leader with wealth nearing $113 trillion, but its share will decline somewhat to a third of the global total," Credit Suisse said.

  • *Ralph Lauren jumps after CEO says stepping down. *Western Digital rises after Unisplendour investment. Sept 30- Wall Street was sharply higher on Wednesday, helped by gains in energy and health care stocks, but the three major indexes were set for their worst quarter since 2011..

  • Gap loses Stefan Larsson to Ralph Lauren Wednesday, 30 Sep 2015 | 10:18 AM ET
    Gap loses Stefan Larsson to Ralph Lauren

    Telsey Group CEO Dana Telsey, weighs in on Ralph Lauren hiring Stefan Larsson to lead his company.

  • Ralph Lauren steps down as CEO of his fashion firm Wednesday, 30 Sep 2015 | 7:35 AM ET
    Ricki Lauren, Ralph Lauren and Dylan Lauren, left to right, attend a reception at Marion's Continental in New York, April 26, 2008.

    Designer Ralph Lauren, who built a fashion powerhouse on luxury designs inspired by country club chic, announced Tuesday he is stepping down as CEO.

  • *Fed Chair Janet Yellen is scheduled to speak at 3:00 p.m. ET at a conference in St. Louis, along with St. Louis Fed President James Bullard. *New York Fed President William Dudley is scheduled to speak before the Securities Industry and Financial Markets Association in New York at 8:30 a.m..

  • Ralph Lauren steps aside Wednesday, 30 Sep 2015 | 7:10 AM ET
    Ralph Lauren steps aside

    CNBC's Courtney Reagan reports fashion icon Ralph Lauren is handing the reigns to a new leader - the Gap's Stefan Larsson.

  • Change is in the air at Ralph Lauren: Pro Tuesday, 29 Sep 2015 | 10:31 PM ET
    Change is in the air at Ralph Lauren: Pro

    Dana Telsey, CEO & chief research officer at Telsey Advisory Group, discusses news that designer Ralph Lauren is stepping down as chief executive officer from the company that bears his name.