The American fashion company has published its Global Citizenship & Sustainability Report for 2021, revealing ambitious new responsibility targets, including the reduction of its greenhouse gas emissions to zero by 2040.
Ralph Lauren Corp forecast on Thursday full-year revenue growth below analysts' estimates, as it remains cautious of fresh lockdowns, store closures and curbs in some of its markets from a new wave of virus cases.
Within its program of talks and panels, Fashion@Brown will feature fashion and lifestyle elites including Kenneth Cole, Gwyneth Paltrow, Olivier Rousteing, Ruth Carter, Isabelle Guichot and Patrice Louvet, among others.
Ralph Lauren Corp said on Tuesday it would cut 15% of its global workforce by the end of this fiscal year as the luxury retailer strives to lower costs and ride out the impact of COVID-19 on sales and shopping habits.
The two iconic American fashion companies have announced that they are joining many of their industry peers and implementing furloughs of retail associates and corporate salary cuts, among other measures.