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‘Destructive’ Covid Lockdowns Weigh on Ralph Lauren in Q3

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Ralph Lauren Corp. on Thursday reported third-quarter results, reflecting progress on restructuring initiatives as the company turns focus on realigning its real estate footprint. In a Nutshell: An over 20 percent increase in global digital commerce sales, with double-digit growth across all regions, and a 19 percent increase in average unit retail in the quarter…

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