Ralph Lauren shares strategic growth plan, long-term outlook
The details of Ralph Lauren's plan were shared with investors and analysts during a meeting held in New York City. What is Ralph Lauren's growth plan? The growth strategy titled 'Next Great Chapter: Drive' revolves around three key drivers: 1. The global expansion and elevation of the Ralph Lauren lifestyle brand to enhance quality, attract new customers, and improve customer retention, thereby increasing customer lifetime value. 2. A focus on driving sales of core products while also seeking accelerat ...