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14 Aug

Ralph Lauren Tops Q1 Earnings Estimates

Updated Aug. 10, 11:50 a.m. While Tapestry Inc. guarantees to alter the face of the American fashion landscape with its $8.5 billion deal to purchase Capri Holdings, Ralph Lauren Corp. has already modified — and likes its position very much. Just because the market was digesting news of the mega takeover, Ralph Lauren weighed in with first-quarter results that showed the corporate was continuing its long quest to raise its image and to boost prices. The corporate raised its average unit retail prices 15 percent across its direct-to-consumer network, on top of an 8 percent gain a yr ago. That higher-end focus and strength in Europe and Asia helped the corporate blunt the impact of weakness in its home market and topped earnings...
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23 Jun

Ralph Lauren, Reem Acra Attend White House State Dinner

First Lady Jill Biden didn’t just wear a Ralph Lauren gown to Thursday night’s state dinner in honor of India’s Prime Minister Narendra Modi — the designer was invited to the black-tie affair as well. Decked out in a tuxedo and Recent Balance sneakers, the Recent York-born and -bred Lauren clued in reporters to the incontrovertible fact that he designed the primary lady’s gown en path to the elegant seated dinner within the East Wing, in response to a White House pool report. A White House official later confirmed Lauren was the designer of her gown. But Lauren wasn’t about to share any details about his shimmery emerald-colored evening dress before the large reveal. The pool reporter said, “Asked if he...
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22 Jun

Ralph Lauren Reveals Executive Pay

Ralph Lauren, executive chairman and chief creative officer of Ralph Lauren Corp., saw his overall compensation fall 26.7 percent to $18.3 million last 12 months, in keeping with a filing Thursday with the Securities and Exchange Commission.  While his take included a salary of $1.8 million and incentive pay of $5.3 million, most of Lauren’s compensation got here in the shape of stock awards valued at $11 million. The true value of the stock, though, will rely on the corporate’s performance on Wall Street — tying executive pay to the shareholder’s wallet.  Patrice Louvet, president and chief executive officer, saw his compensation decrease 22 percent to $14.5 million. That included salary of $1.4 million, incentive pay of $3.9 million and stock awards...
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6 Jun

KCD Taps Lauren Paris as Senior Vice President, Guest Experience

Lauren Paris has been promoted to senior vice chairman, guest experience, at KCD. She had been vice chairman of the Guest Experience Group, which she has led since 2018. The Guest Experience Group is chargeable for executing a high-caliber front-of-house experience for brand activations and events. This includes curated guest lists, optimized flow logistics, red carpet execution, event press amplification in addition to VIP and talent management. Paris is a 15-year veteran of KCD and has led the group’s most iconic events, reminiscent of the grand opening of Hudson Yards, Ralph Lauren’s fiftieth Anniversary in Central Park, Hermès’ Love Across the Block, and the annual CFDA Awards, in addition to fashion shows reminiscent of Gucci’s Love Parade on Hollywood Boulevard, and...
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