NEW YORK — Polo Ralph Lauren’s new zero tolerance policy on merchandise returns may pay dividends in the coming years, but it took a big bite out of first-quarter earnings.
The New York-based designer firm on Wednesday posted a 79.2 percent drop in first-quarter earnings due in part to changes in its wholesale sales strategy, but still managed to beat estimates by a penny.
"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)
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