×
3 312
Fashion Jobs
AESOP
Retail Consultant | Aesop Stockbridge, Edinburgh | Part Time
Permanent · Edinburgh
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Twickenham
Permanent · London
TK MAXX
tk Maxx - Loss Prevention Officer - Full Time - Dagenham
Permanent · Dagenham
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, George Street
Permanent · Edinburgh
HOLLISTER CO. STORES
Hollister CO. - Graduate Manager in Training, Braehead
Permanent · Renfrew
DR. MARTENS
Vat And Compliance Accountant
Permanent · LONDON
AESOP
Retail Consultant | Aesop Covent Garden, London | Part Time
Permanent · London
SELFRIDGES
Personal Shopping Consultant
Permanent · MANCHESTER
SELFRIDGES
Personal Shopping Consultant- Mandarin, Cantonese or Thai Speaking
Permanent · MANCHESTER
CANADA GOOSE
Security Ambassador- Part Time
Permanent · MANCHESTER
CLARKS
Senior Treasury Finance Manager
Permanent ·
JOHN LEWIS
Loss Prevention Partner
Permanent · HIGH WYCOMBE
JOHN LEWIS
Loss Prevention Partner
Permanent · HORSHAM
JOHN LEWIS
Loss Prevention Partner
Permanent · OXFORD
BOOHOO GROUP
Warehouse Operative
Permanent · BURNLEY
BOOHOO GROUP
Warehouse Operative 06.00 - 14.00
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative - t2p Only
Permanent · CRICK
BOOHOO GROUP
Warehouse Operative 18.00 - 02.00
Permanent · CRICK
NEXT
Delivery Coordinator - Bristol Imperial Park
Permanent · BRISTOL
NEXT
Delivery Coordinator - Newton Abbot
Permanent · KINGSTEIGNTON
NEXT
Sales Coordinator - Torquay
Permanent · TORQUAY
NEXT
Delivery Coordinator - Torquay
Permanent · TORQUAY
Ads
By
Reuters
Published
Oct 29, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Ralph Lauren misses revenue estimates, sees more pandemic pain ahead

By
Reuters
Published
Oct 29, 2020

Ralph Lauren Corp missed revenue estimates for the second quarter on Thursday, as fewer customers spent on its high-end apparel and accessories during the Covid-19 pandemic.


Ralph Lauren - Spring-Summer2020 - Womenswear - New York - © PixelFormula



The luxury apparel retailer said it expects third quarter and full year earnings to continue to be adversely affected by the pandemic that has dulled consumer demand.

Net revenue fell about 30% to $1.19 billion in the quarter ended Sept. 26, missing analysts’ average estimate of $1.21 billion, according to IBES data from Refinitiv.

"Looking across the first half of the fiscal year, we continued our elevation journey while fast-tracking Connected Retail and our company-wide digital transformation," said Patrice Louvet, President and Chief Executive Officer.

"We also began the hard but necessary work of simplifying our organizational and cost structures to position the company for future growth. Looking ahead, we will continue to work proactively to deliver an elevated experience that inspires consumers around the world and creates value for all of our stakeholders."

The company reported a net loss of $39.1 million, or 53 cents per share, compared with a profit of $182.1 million, or $2.34 per share, a year earlier.

 

© Thomson Reuters 2023 All rights reserved.