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Ralph Lauren the Latest to Close China Stores Amid Virus Outbreak

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. has closed half of its store base in China in the face of the viral outbreak, as the clothing empire’s third-quarter results show a turnaround plan that’s working. But its fourth quarter could hinge on how the coronavirus epidemic progresses in the weeks ahead. In a Nutshell: “Creating style that endures and inspires…

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