Ralph Lauren Sees 'Improving Situation' in China and South Korea
Ralph Lauren (NYSE: RL) issued a business update on April 6 that outlined steps to protect the health and wellbeing of employees. But the company also highlighted some encouraging signs about the health of its business.
While most of its stores remain closed, especially in North America and Europe, the company said, "We are encouraged by the improving situation in China and South Korea, where most of our retail stores have reopened." The company said it is applying lessons from that region to the rest of the business in other areas of the world.
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Source Fool.com
