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News briefs

Ralph Lauren, platinum buyers, Bloomingdale’s and Ferretti Group

August 5, 2020

Improving online sales could not make up for prolonged store closures. Image credit: Ralph Lauren

 

By Luxury Daily News Service

Luxury Daily’s live news:

Ralph Lauren Q1 2020-21 revenues fall 66pc amid prolonged store closures
U.S. fashion label Ralph Lauren saw its revenues fall to $487 million in the first quarter of fiscal year 2020-21, with the coronavirus pandemic leading to declines across all regions.

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