DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Ralph Lauren’s retreat from discounting helps bolster profit
Bloomberg Ralph Lauren Corp., the 50-year-old fashion brand known for its preppy style, is making good on its effort to rely less on markdowns—even if it means selling fewer clothes. The company posted earnings of $1.99 a share last quarter, topping analysts’ average projection by a dime. Ralph Lauren credited its pursuit of higher-quality sales channels and fewer discounts. Still, …
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