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RALPH LAUREN CORP

CIK: 10370382 Annual ReportsLatest: 2025-05-22

10-K / May 22, 2025

Revenue:$7,079,000,000
Income:$742,900,000

10-K / May 23, 2024

Revenue:$6,631,400,000
Income:$646,300,000

10-K / May 22, 2025

Company Summary: Ralph Lauren Corporation

Overview

  • Founded: 1967 by Mr. Ralph Lauren
  • Type: Global leader in luxury lifestyle products
  • Core Business: Design, marketing, and distribution of high-end consumer products
  • Main Product Categories:
    • Apparel (Men, Women, Children)
    • Footwear & Accessories
    • Home goods (Furniture, linens, décor)
    • Fragrances
    • Hospitality (Restaurants & cafés)

Brands and Product Lines

  • Major Brands:
    • Ralph Lauren (including Ralph Lauren Collection, Ralph Lauren Purple Label, Double RL, Polo Ralph Lauren, Lauren Ralph Lauren, Chaps)
    • Ralph Lauren Watches and Jewelry
    • Ralph Lauren Home
    • Pink Pony (charity campaign linked to cancer initiatives)
  • Product Focus:
    • Timeless style inspired by American heritage
    • Emphasis on high-quality, durable, and sustainably sourced materials
    • Iconic designs such as the polo player logo and Ralph Lauren Bear
  • Distribution Channels:
    • Retail Stores: 564 stores worldwide (including flagship and outlet stores)
    • Concession Shops: 671 shop-in-shops in department stores
    • Digital Commerce: Websites including RalphLauren.com and apps, plus third-party digital partners
    • Wholesale: Over 9,400 doors globally, including department stores and specialty stores
    • Licensing: 116 licensed stores operated by partners

Geographic Reach & Segments

  • Main Regions:
    • North America (~43% of revenue)
    • Europe (~31% of revenue)
    • Asia (~24% of revenue)
  • Additional Non-reportable Segment: 2% of revenue from licensing royalties

Financial Highlights (Fiscal Year Ended March 29, 2025)

  • Revenue: $7.079 billion (up 6.8% from previous year)
  • Net Income: $742.9 million (up 14.9%)
  • Net Income per Diluted Share: $11.61 (up from $9.71 in previous year)
  • Employees: Approximately 23,400 total
    • Full-time: ~15,000
    • Part-time: ~8,400
    • U.S.-based employees: ~9,800
    • International employees: ~13,600
  • Customer Base: Information not specified precisely, but the company operates in multiple countries with retail stores, concessions, and online platforms targeting a broad, global consumer base.

Business Strategy

  • Focus on long-term growth through:
    • Expansion of retail stores and digital channels
    • Enhancing omni-channel and Connected Retail capabilities
    • International market growth, especially in China
    • Shortening supply chain lead times
    • Investing in marketing, sustainability, and brand elevation

Key Objectives & Initiatives

  • Transformation projects including the "Next Generation Transformation" to improve operational efficiency
  • Commitment to sustainability with goals related to circularity, reducing environmental impact, and social responsibility
  • Marketing partnerships with global sporting events like Wimbledon and the Olympics

Summary: Ralph Lauren Corporation designs and globally markets luxury apparel, accessories, home products, fragrances, and hospitality experiences. It operates through owned retail stores, concessions, wholesale channels, and licensing agreements, with a considerable international footprint and a deep emphasis on heritage, quality, and sustainability. In fiscal year 2025, the company generated over $7 billion in revenue, employed approximately 23,400 people, and earned net income of nearly $743 million.