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US lifestyle products marketer Ralph Lauren to sell Club Monaco


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Ralph Lauren Corporation, a global leader in the design, marketing and distribution of premium lifestyle products, will sell Club Monaco brand to leading global private equity firm Regent, LP. The transaction is expected to close by the end of June 2021. The transaction represents a continued focus on Ralph Lauren s Next Great Chapter Plan.
“For the past twenty-two years, Club Monaco has been an important and valued part of the Ralph Lauren family, and we are grateful for the many contributions the brand and its team have made to our company,” said Patrice Louvet, president and chief executive officer, Ralph Lauren. ....

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Ralph Lauren to offload Club Monaco


Ralph Lauren said the transaction epresents a continued focus on its Next Great Chapter Plan
Ralph Lauren is to sell its Club Monaco brand to global private equity firm Regent, LP as the US fashion company increases its focus on its core namesake brands.
Announced today (13 May), the deal comes after Ralph Lauren outlined a Fiscal 2021 Strategic Realignment Plan last year that would accelerate its Next Great Chapter Plan , which was first announced in 2018. 
Included in this realignment was an evaluation of the company s brand portfolio, with a focus on ensuring its core brands are well-positioned for sustainable growth. The sale of Club Monaco to Regent, combined with the licensing of the Chaps brand last year, concludes this portfolio evaluation. ....

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Commentary: S.A. shines amid storm, emerges as safe destination


Commentary: S.A. shines amid storm, emerges as safe destination
Dave Krupinski, For the Express-News
April 9, 2021
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People dine at Casa Rio on the River Walk in early March. As more people are vaccinated, look for travel and tourism to pick up. San Antonio is a safe destination for many.Billy Calzada /Staff Photographer
The first anniversary of the arrival of the deadly COVID-19 pandemic was recently recognized, marked by somber reflection; the past year has been a miserable marathon for most, personally and professionally.
Yet as we continue the gradual climb toward recovery, one thing remains as certain as it did 13 months ago: We’re still San Antonio and that’s a powerful reality. ....

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State of the Travel Industry Event Maps Out Comeback for Hardest-Hit U.S. Industry


State of the Travel Industry Event Maps Out Comeback for Hardest-Hit U.S. Industry
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That s how U.S. Travel Association President and CEO Roger Dow described the coming era for the American travel and tourism industry following the challenges of the COVID-19 pandemic that saw the industry lose 4.5 million jobs by the end of last year the most of any U.S. industry.
In the annual State of the Travel Industry address delivered via webcast from the National Press Club on Wednesday, Dow acknowledged the hardships the pandemic has inflicted on travel both as an industry and as a fundamental part of American life but struck an optimistic tone about the prospects for travel s return. ....

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