Ralph Lauren reports 4 percent rise in Q2 revenues

REPORT_ Ralph Lauren Corporation reported net income of 201 million dollars, or 2.25 dollars per diluted share, for the second quarter of fiscal 2015, compared to net income of 205 million dollars, or 2.23 dollars per diluted share, for thesecond quarter of fiscal 2014. Net revenues for the second quarter increased 4 percent to 2 billion dollars led by retail segment expansion, including double-digit international growth.

“It’s been an incredibly active and exciting last few months for our company,” said Ralph Lauren, Chairman and Chief Executive Officer, adding, “We achieved several critical goals, including the launch of Polo for women, the opening of our first Polo flagship store on Fifth Avenue, and our first dual-gender Ralph Lauren flagship in Greater China. These milestones showcase the strength and scope of our luxury positioning and represent some of our most compelling opportunities.”