Ralph Lauren and Tapestry Show Payoff of Turnaround Plans

· Beauty & Fashion · United States

Recent earnings reports highlighted the strength of strategic plans at Ralph Lauren and Tapestry, while Capri and Under Armour are still trying to follow. Ralph Lauren posted revenue up 10% this week, with revenue in Asia up 28%, and 1.7 million new customers shopped at its DTC channel. The designer also collected his 12th CFDA award, having now won in every category. The contrast with lagging peers underscores how hard fashion turnarounds are to execute, and which brands are currently pulling ahead.

Why it matters：The gap between successful and struggling fashion groups shows which turnaround strategies are working as the sector's growth slows.

Key points

  • Ralph Lauren revenue rose 10%, with Asia up 28%.
  • 1.7 million new customers shopped its DTC channel.
  • Ralph Lauren won a 12th CFDA award, completing every category.

Sources (original reporting)

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