Ralph Lauren (RL) CFO Justin Picicci said on Thursday that the luxury apparel maker is taking a more cautious view on the second half of the year, primarily based on the potential impact of tariffs and related industry-wide price increases in the U.S.
“The company continues to meaningfully grow its customer base, led by younger, female, and less price-sensitive cohorts,” Dana Telsey of Telsey Advisory Group said.
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