Bolstered by strong wholesale sales and a lower tax rate, Polo Ralph Lauren Corp. on Wednesday posted third-quarter results that easily beat Wall Street's expectations.
The company also acknowledged a shift in shopper sentiment and spending, but told WWD that consumers seem to be pulling back more in the U.S. than in other markets. Roger Farah, president and chief operating officer, described the change in consumer sentiment and spending patterns as "unprecedented," referring to the abruptness of the change and how it was felt across all channels in the U.S.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)