Ralph Lauren Corp (RL) Q4 2021 Earnings Call Transcript
RL earnings call for the period ending March 27, 2021.
Source: msn.com
Virtual Store Experiences News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Virtual Store Experiences. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Virtual Store Experiences Today - Breaking & Trending Today
Ralph Lauren Slashing Corporate Office Space, Digitizing Work & Consumer Experiences
Senior Editor, RIS News Ralph Lauren said it plans to slash its North America corporate office footprint up to 30%, along with selected reductions in Europe and Asia, as teams embrace “new ways of working” and it pivots resources to other priorities. The retailer also said it is closing up to 10 retail locations globally and is looking at completing the consolidation of North American distribution center operations to drive greater efficiencies. Combined, the apparel retailer expects this to result in gross annualized pre-tax expense savings of $200-$240 million. The moves ar...
Source: consumergoods.com