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Ralph Lauren Continues Double-Digit Growth Streak in Q1
['Ella Graveney']
Vogue
Ralph Lauren announced on Thursday that sales in the first quarter of fiscal 2027 were up 13% year-on-year to $2 billion, on a constant currency basis, as it continues to beat internal and analyst expectations.
By region, North America and Asia led growth, with revenues up 13% to $740.3 million and 25% to $589 million, respectively.
Europe grew 5% to $594 million, led by Germany, Italy and Spain.
Beyond the China outpost, 21 new Ralph Lauren or partner stores opened in locations including The Grove in LA, Stanford Shopping Center in Palo Alto, and Istanbul.
Ralph Lauren recruited 1.5 million new consumers through its DTC businesses and gained over 70 million social media followers, led by engagement on Instagram, Line, Douyin, and TikTok.