Sears Holdings Corp's controlling shareholder Eddie Lampert met with Ford Motor CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing retailer, two sources familiar with the matter said.
Ralph Lauren Corp warned on Friday that its efforts to open more stores would erode operating profit margin at the luxury fashion house in the fiscal year through March 2015, and that sales growth would also be slower.
Ralph Lauren on Wednesday reported holiday quarter sales and profits that showed renewed momentum after a rough patch earlier in the year, helped by steady business in the Americas and improvement in Europe.
Luxury brands banking on a China rebound to boost sales may be in for an unpleasant surprise: weak demand in the world's second largest luxury market may last longer than the economic slowdown as Beijing cracks down o...
Ralph Lauren Corp on Monday named Procter & Gamble Co executive Christopher Peterson its new chief financial officer, effective Sept. 24, after Tracey Travis resigned in July to pursue other interests.