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Icon Celebrated in New Collector’s Book Ralph Lauren’s Polo Shirt From Rizzoli International “It was never about a shirt, but a way of living.” - Ralph Lauren Ralph Lauren (NYSE:RL) announces the celebration of its most iconic product ...
The VanEck Retail ETF has recovered close to 10% over the past two months, but a Wells Fargo analyst on Thursday picked two popular names in this sector that, he says, investors should continue to avoid. Which retailers did he recently downgrade? The two retail players Ike Boruc...
PVH boasts outstanding growth in its top line and bottom line, despite divesting one of its reportable segments. It enjoys strong guidance from the management on its 2025 topline, which is currently above consensus and its growing margin. The company benefits from a deleveraged ba...
--News Direct-- At Ralph Lauren, we are committed to scaling innovation that has the potential to advance sustainability in our industry. That’s why we were an early investor in Natural Fiber Welding (NFW), a company that helped to develop our RLX CLARUS® Polo Shir...
The management team at G-III Apparel Group has generally done well to grow the company's top and bottom lines over time. Though affected negatively by the pandemic, the firm is showing nice signs of recovering and overall risk to shareholders looks low. The company is also trading...
"Retail sales remain strong but are stabilizing as consumers resume spending on passion areas like travel, live entertainment, indoor dining and other in-person activities," MA senior advisor and former CEO and Chairman of Saks Steve Sadove commented. March spending indicates that services ar...
Online retail and apparel stocks slumped again on Wednesday amid renewed concerns over supply chain disruption in China and the impact of higher interest rates on growth names in general. A dramatic spike higher in COVID cases in Shanghai has led to a return of the lockdown days for the metro...
Wells Fargo turned more cautious on specialty softlines stocks are taking in the new macroeconomic backdrop. The firm said it expects negative revisions to keep the sector under pressure for the time being. Analyst Ike Boruchow and team cut numbers across the space and dropped price targets b...
Ralph Lauren (NYSE: RL) shareholders beat the S&P 500 this week as shares rose 11% through Thursday trading compared to a 5% surge in the broader market, according to data provided by S&P Global Market Intelligence . The apparel specialist is now in positive territor...
JPMorgan upgraded Ralph Lauren Corporation (NYSE:RL) to an Overweight rating from Neutral after pointing to attractive valuation with shares trading at 6X the firm's 2023 EBITDA or ~25% below the company's prepandemic multiple. Analyst Matthew Boss said the macro-driven pullback provides an o...
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Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “ Ralph Lauren ”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and o...
2024-07-02 15:15:06 ET UBS analyst issues UNDERPERFORM recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Underperform. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...
2024-07-02 15:15:05 ET Wells Fargo analyst issues BUY recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Buy. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...