This is aproject for my Business class ( Bachelor) and everyone in the group need to answer a specific question based on the instructions. I will type my question so you can answer in 1 0r 2 pages....

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This is aproject for my Business class ( Bachelor) and everyone in the group need to answer a specific question based on the instructions. I will type my question so you can answer in 1 0r 2 pages.
Company: Ralph Lauren ( RL NYSE Fashion Brand)

topic: Current issues and recent events affecting the company either positively or negatively ( News, press releases, scandals, organizational changes, environmental, social and governance, etc.)

NOTES: please provide all the sources you will use for the assignment.


Answered 5 days AfterSep 05, 2022

Answer To: This is aproject for my Business class ( Bachelor) and everyone in the group need to answer a...

Rinki answered on Sep 07 2022
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Title: Ralph Lauren (RL NYSE Fashion Brand) –
Current issues and recent events affecting either positi
vely or negatively
Contents
Positive and negative outlook on the current position of Ralph Lauren    3
Scandals    3
Conclusion    3
References    5
Positive and negative outlook on the current position of Ralph Lauren
Ralph Lauren's (NYSE: RL) stock needed some good news after falling nearly 40% since February, 2022 and recently it received it. The company released its fiscal Q4 results, and they were encouraging straight away. Earnings per share for the quarter came in at $0.49, 20% higher than what analysts had predicted. Revenue likewise above expectations and increased by 18% year over year (Quirke).
Declines in both wholesale and retail sales were a drag on Ralph Lauren's sales. Comparable sales at Ralph Lauren's physical stores in North America decreased by 30%. Total sales in North America decreased by 21.4% to $715.4 million, a fall that was somewhat, but not entirely, offset by a 9% increase in digital sales. Digital sales increased 20% globally (RetailDive)
Ralph Lauren is thrilled to retain parity in their leadership representation at the VP level and above and honored to be recognized a "Best Company for Women to Advance" by Parity.Org® for the third year running. In their ongoing efforts to advance gender parity, the company makes sure all women working for their company and in every part of the supply chain is free...
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