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Model deepens roots in key North American market, with plans to broaden additional in Canada in coming years
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TORONTO & NEW YORK — Ralph Lauren Company (NYSE:RL) as we speak introduced that it’s increasing in Canada with the launch of devoted digital commerce and the primary Ralph Lauren retailer within the nation. The shop, which lately opened in Toronto’s Yorkdale Procuring Centre, is the primary in a deliberate growth in Canada, constructing on the Firm’s present wholesale and outlet presence within the area. Toronto represents one of many Firm’s high 30 cities focused for a complete omni-channel ecosystem growth globally.
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At present, Ralph Lauren has 12 outlet shops in Canada in addition to a wholesale presence at key retailers, together with Hudson’s Bay, Sporting Life and Harry Rosen. The Firm plans to open numerous Ralph Lauren shops throughout the nation within the coming years.
“Ralph Lauren’s ethos of timelessness and authenticity has impressed and linked with our Canadian shoppers for many years, and we’re excited to carry a extra holistic expression of our model to Canada,” mentioned Bob Ranftl, Regional Chief Govt Officer for North America at Ralph Lauren Company. “We look ahead to serving our shoppers all through Canada with enhanced and elevated experiences that mirror our luxurious life-style standpoint.”
The brand new RalphLauren.ca web site will home Ralph Lauren’s full portfolio of iconic manufacturers, together with Purple Label, Ralph Lauren Assortment, Polo Ralph Lauren, Double RL and Lauren, throughout its breadth of Males’s, Ladies’s and Childrenswear assortments in attire, equipment and footwear, along with choose Residence gadgets. The Firm is planning to launch the English model of its Canadian digital commerce web site on October 11. It’ll discover a future launch in Quebec with a French-language model.
The Ralph Lauren retailer options a mixture of Males’s Purple Label and Ladies’s Assortment, in addition to a curated number of Polo Ralph Lauren Males’s and Ladies’s collections. Positioned on the bottom flooring of Yorkdale Procuring Centre, one among Canada’s main retail locations, the shop additionally gives an array of devoted shopper providers, together with personal styling appointments, alterations & repairs and Made-to-Measure tailoring.
The shop’s design captures the Ralph Lauren model’s timeless spirit and brings it to life in a contemporary, subtle area. The daring, double-height façade, comprising of cherry wooden louvers and aged-bronze steel, offers method to a up to date inside with brilliant, white partitions and a limestone flooring.
The Canadian digital commerce web site and new luxurious retailer construct on Ralph Lauren Company’s focused growth in North America, in addition to throughout Asia and Europe, as a part of its Subsequent Nice Chapter: Speed up technique to ship sustainable, long-term development and worth creation. Guided by its a number of drivers of development, the Firm is concentrated on creating elevated client ecosystems via a strategic stability of flagship shops, intimate boutiques, retailers, wholesale partnerships and digital platforms.
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ABOUT RALPH LAUREN CORPORATION
Ralph Lauren Company (NYSE:RL) is a world chief within the design, advertising and distribution of luxurious life-style merchandise in 5 classes: attire, footwear & equipment, dwelling, fragrances and hospitality. For greater than 50 years, Ralph Lauren has sought to encourage the dream of a greater life via authenticity and timeless fashion. Its repute and distinctive picture have been developed throughout a variety of merchandise, manufacturers, distribution channels and worldwide markets. The Firm’s model names — which embrace Ralph Lauren, Ralph Lauren Assortment, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Youngsters and Chaps, amongst others — represent one of many world’s most well known households of client manufacturers. For extra data, go to https://corporate.ralphlauren.com/.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press launch accommodates objectives, initiatives and “forward-looking statements” throughout the which means of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements embrace statements relating to, amongst different issues, the Firm’s focused digital and regional growth as a part of its strategic plan. Ahead-looking statements are indicated by phrases or phrases comparable to “anticipate,” “intention,” “outlook,” “commit,” “estimate,” “guarantee,” “anticipate,” “challenge,” “consider,” “envision,” “search,” “objective,” “goal,” “can,” “will,” and related phrases or phrases. These forward-looking statements contain identified and unknown dangers, uncertainties and different elements which can trigger precise outcomes, efficiency or achievements to be materially completely different from the long run outcomes, efficiency or achievements expressed in or implied by such forward-looking statements. Ahead-looking statements are primarily based largely on the Firm’s expectations and judgments and are topic to sure dangers and uncertainties, a lot of that are unforeseeable and past Firm management. The elements that might trigger precise outcomes, efficiency or achievements to materially differ embrace, amongst others, the chance elements recognized within the Firm’s Annual Report on Kind 10-Okay filed with the Securities and Alternate Fee. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case.
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Company Communications
RL-Press@RalphLauren.com
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