Monday, April 26, 2010
MANAGING CASH FLOW
For the past 3 years since 2007, Polo RL's net income has been somewhat consistent at around $400,000-$420,000 annually; This is good being that the retail sales market has declined due to the recession.
Saturday, April 24, 2010
CORPORATE GOVERNANCE
Polo Ralph Lauren Corporation's Corporate Governance Quotient (CGQ) as of Apr 1, 2010 is better than 3.7% of 500 companies and 44.8% of Consumer Durables & Apparel companies.
COOPERATIVE STRATEGY
Polo Ralph Lauren is moving at a more rapid paste then 40 years ago, when founder Ralph Lauren started the company. With different brands such as Polo Ralph Lauren, RRL, Rugby, the film design and market apparels and accessories, home furnishings and fragrances; Its collections are available at more than 10,000 locations worldwide, including many up-scale department stores, such as Macy's and Dillard's which make up more than a third of the company's wholesale revenue
INTERNATIONAL STRATEGY
Ralph Lauren intends to capitalize on developing economic strength in Southeast Asia. Ralph Lauren let the license expire in 2009 to have more control over its products and branding in Asia. Knowing Polo, this could result in large profits for Ralph Lauren, especially when North American sales are down due to the recession
ACQUISITION/ RESTRUCTURING STRATEGY
In the reorganization, Jeff Morgan has been named the president, Polo Ralph Lauren Media Group, where he will be responsible for global marketing, advertising, media business development and corporate communications.
The company did not say how these changes would affect future media campaigns. The company spent $75.4 million in 2000 and more than $44 million for the first six months in 2001.
The company did not say how these changes would affect future media campaigns. The company spent $75.4 million in 2000 and more than $44 million for the first six months in 2001.
CORPORATE LEVEL STRATEGY
Polo Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products worldwide. It offers men’s, women’s, and children’s clothing; and accessories comprising footwear, eyewear, watches, jewelry, hats, and belts, as well as leather goods, including handbags and luggage. The company also provides products for homes, including bedding and bath products, furniture, fabric and wallpaper, paint, tabletop, and giftware; and fragrance products under Romance, Polo, Lauren, Safari, Ralph, and Black Label brands. In addition, it licenses its products, such as men’s sportswear, men’s tailored clothing, men’s underwear and sleepwear, eyewear, and fragrances.
COMPETITIVE RIVALRY
Ralph Lauren is the world's most successful fashion designer, selling clothing and luxury goods worth around $11bn a year. That's roughly twice as much as his closest rival, Giorgio Armani. Not bad for a working-class kid from the Bronx who started out designing ties. The secret of his success has been careful control of the Ralph Lauren and Polo trademarks, but above all an unrivalled understanding of the multiple strands that make up classic American style.
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