Economic TimesLean R·
Ralph Lauren shares jump 7% as shoppers in Asia, North America drive revenue beat
Ralph Lauren's first-quarter financial performance surpassed expectations, showcasing a robust demand driven by younger consumers across various regions. Sales saw an impressive twenty-four percent growth in Asia, spurred largely by a surge in the Chinese market. Additionally, North America experienced a thirteen percent increase in sales. Following this positive trend, the company has raised its annual revenue forecast, resulting in a rise in share prices.
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