Sign in | Join free

Ralph lauren plans expansion in china (china)

Ralph lauren plans expansion in china (china) Source: english.ctei.gov.cn
Date: 07-06-2012
Visits: 224
Very Poor

American fashion brand Ralph Lauren Group is reportedly planning its expansion in China, and it expects to open 60 stores in the country over the next three years.
According to its plan, the company will launch 15 stores in cities like Beijing, Shanghai, and Hong Kong before 2013.

Ralph Lauren, American fashion designer and business executive best known for his Polo Ralph Lauren clothing brand, told local media the company believes China is a focus for their long-term development. Over the next few years, they will fully enter the Chinese market, open more stores, and improve their market share and brand awareness in this marketplace.

Due to the economic effect in Europe, Ralph Lauren Group currently holds a conservative attitude towards their sales in the European market; however, they hope the Chinese market can make up their sales reduction in Europe. The group's financial statistics showed that during its fourth fiscal quarter ended March 31, 2012, the brand's net profit was USD94.4 million, and its net gain increased by 13.7% to USD1.43 billion.
like 423 Unlike 47
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Comment:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32342 Users
have already joined suntexasia.com. Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Email
Password
Enter the code
ytlbv
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
 
Members Login
Already registered
Email
Password
Forgot your password
golden fees
Enter your e-mail address
Choose your room