Ralph Lauren E-Commerce Powers Quarterly Sales Gain

The video discusses Ralph Lauren's recent earnings report, highlighting a 4% increase in same-store sales, which exceeded expectations. The company has seen growth in e-commerce and a return to classic styles, particularly in North America and Europe. However, there are concerns about the Asian market, where sales did not meet expectations. The potential impact of trade issues with China is also discussed, as it could affect luxury retailers. Ralph Lauren views Asia, including China, South Korea, and Hong Kong, as key areas for future growth.

What was the percentage increase in Ralph Lauren's same-store sales, and how did it compare to expectations?

• 2%, meeting expectations

• 4%, double the expectations

• 4%, below expectations

• 6%, exceeding expectations

Which new product did Ralph Lauren develop that references the Apollo missions?

• Lunar-inspired handbag

• Astronaut-themed scarf

• Space-themed sneakers

• Heatable moon jacket

How did Ralph Lauren's same-store sales in Asia perform compared to expectations?

• Met expectations at 4%

• Far below expectations at 2%

• Below expectations at 4%

• Exceeded expectations at 6.2%

What is a major concern for luxury retailers like Ralph Lauren regarding the US-China trade relations?

• Increased tariffs on luxury goods

• Decreased demand in Europe

• Competition from local brands

• Rising production costs in the US

Which regions are included in Ralph Lauren's growth strategy in Asia?

• Malaysia and Indonesia

• Thailand and Vietnam

• China, South Korea, and Hong Kong

• Japan and India