NEW YORK — Influence, control and, of course, money.

Those are the main reasons why Polo Ralph Lauren Tuesday said it will invest $70 million to increase direct management of its growing business in Japan. The company said it has signed an agreement in principle to acquire a 50 percent controlling interest in its Japanese master license and an 18 percent equity stake in a firm that holds the sublicenses for Polo’s women’s, men’s and Polo jeans businesses in Japan.

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