Tuesday, April 4, 2017

Ralph Lauren to close stores, offices in turnaround effort

Image result for ralph lauren storeUpscale fashion retailer Ralph Lauren said Tuesday that it would cut jobs and shutter its Polo store on Fifth Avenue in New York City as it seeks cost savings amid a sputtering turnaround effort.

The plans include an unspecified number of store closures, "a reduction in workforce" and closure of certain corporation operations, according to a public filing.. . . more

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