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Ralph Lauren Will Emerge Leaner, More Agile After Outbreak, CEO Says

Join McKinsey & Company, NewTimes Group, Arvind Limited, Asmara, Google, Bluesign, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Ralph Lauren Corp. missed Wall Street’s consensus earnings per share estimate, primarily due to the coronavirus impact and disruptive Hong Kong protests, but expects to emerge from the pandemic’s impact in a better position to take market share. In a Nutshell: The company ended the year with $2.1 billion in cash and investments, and $1.2…

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