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Ralph Lauren unveils ambitious financial targets

Ralph Lauren unveils ambitious financial targets

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On Monday morning, Ralph Lauren unveiled its long-term financial objectives at a meeting with investors and analysts. Its share price was up on the New York Stock Exchange the same day.

 

The U.S. brand, known in particular for its polo shirts and wool sweaters, said it plans to accelerate its revenue growth in the coming months.

 

It also explained that it plans to increase its operating profit at a rate higher than that of its sales, at constant exchange rates, by 2025.

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