Market Pulse | Giving Thanks?

Savigny Luxury Index November 2013 | Source: Savigny Partners

Investors are moving away from bigger groups towards smaller brands and American “affordable luxury.” Meanwhile, the jury is still out as to whether the crucial trading period from Thanksgiving to Christmas will deliver strong results, but sentiment remains positive, reports Pierre Mallevays of Savigny Partners.

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Ralph Lauren Makes Changes to Company Leadership

Ralph Lauren Purple Label S/S 2013 Campaign | Source: Ralph Lauren

NEW YORK, United States — Ralph Lauren Corp. announced a number of leadership changes Wednesday to help grow its business. The New York-based luxury retailer said that it is creating an office of the chairman, which will be led by Chairman and CEO Ralph Lauren and include three other executives: Roger Farah, Jackwyn Nemerov and Christopher Peterson.

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Op-Ed | Preventing Another Rana Plaza

Rana Plaza collapse in Dhaka, Bangladesh | Source: Flickr

In the wake of Rana Plaza, it’s clear that voluntary self-inspection of garment factories by brands and retailers is not enough to avoid terrible human tragedy. Workplace health and safety standards must be set and enforced by the workers themselves, argues Tansy E Hoskins.

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Market Pulse | Syria Crisis Pours Cold Water Over the Savigny Luxury Index

Savigny Luxury Index August 2013 | Source: Savigny Partners

LONDON, United Kingdom — Despite a string of positive results announcements, the Savigny Luxury Index (“SLI”) lost 0.9 percent in August, nevertheless outperforming the MSCI World Index (“MSCI”) by close to one percentage point, as markets shuddered at the prospect of foreign intervention in the Syrian conflict.

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Ralph Lauren Profit Declines as Sales at its Stores Slump

Ralph Lauren Purple Label S/S 2013 Campaign | Source: Ralph Lauren

NEW YORK, United States — Ralph Lauren Corp on Wednesday reported a lower quarterly profit on disappointing results at its own stores, and the fashion company reiterated its forecast for modest growth this fiscal year.

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Ralph Lauren Misses Estimates, But Expects Pick-Up

Polo Ralph Lauren S/S 2013 campaign | Source: Ralph Lauren

NEW YORK, United States — Ralph Lauren Corp on Thursday reported sales that fell below its own projections, hurt by fewer deliveries to European department stores, but gave a fiscal year forecast that suggests it expects its overall business to pick up.

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Ralph Lauren Pays Fine to SEC Following Argentinian Bribery Scandal

Polo Ralph Lauren S/S 2013 campaign | Source: Ralph Lauren

NEW YORK, United States — Ralph Lauren Corp., the retailer of its namesake brand clothing, will pay about $1.6 million to resolve U.S. regulatory and criminal claims that a subsidiary paid bribes to officials in Argentina from 2005 to 2009.

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