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Polo Sport

Ralph Lauren Corporation
Public
Traded as
Industry Design
Predecessor Polo Ralph Lauren Corporation
Founded 1967; 50 years ago (1967)
Founder Ralph Lauren
Headquarters New York City, New York, United States of America
Area served
Worldwide
Key people
  • Ralph Lauren
  • (Executive Chairman & CCO)
  • David Lauren
  • (Vice Chairman)
  • Patrice Louvet
  • (President and CEO)
Products
Services
  • Tailoring
Revenue DecreaseUS$ 7.4 billion (2016)
Decrease US$ 794 million (2016)
Decrease US$ 546 million (2016)
Total assets Increase US$ 6.2 billion (2016)
Total equity Decrease US$ 3.8 billion (2016)
Number of employees
23,000 (2014)
Subsidiaries
  • Club Monaco Corporation
  • Polo Jeans Company, LLC
  • Ralph Lauren Home Collections, Inc.
  • Ralph Lauren Media, LLC
  • Ralph Lauren Watch and Jewelry Company SÀRL (50%)
  • RL Fragrances, LLC
Website ralphlauren.com

Ralph Lauren Corporation (: RL) is an American corporation. They are known for the clothing, marketing and distribution of products in four categories: apparel, home, accessories, and fragrances. The Company's brands include Polo Ralph Lauren, Ralph Lauren Collection, Lauren Ralph Lauren, Double RL, Ralph Lauren Childrenswear, Denim & Supply Ralph Lauren, Chaps, and Club Monaco. Ralph Lauren Corporation is an American, publicly traded holding company headquartered in New York City, and founded in 1967 by American fashion designer Ralph Lauren.


The Ralph Lauren Corporation started in 1967 with men's ties. At 28 years-old, Lauren worked for the tie manufacturer, Beau Brummell. He persuaded the company's president to let him start his own line. Drawing on his interests in sports, Lauren named his first full line of menswear ‘Polo’ in 1968. He worked out of a single "drawer" from a showroom in the Empire State Building and made deliveries to stores himself.

By 1969, the Manhattan department store Bloomingdale's sold Lauren's men line exclusively. It was the first time that Bloomingdale's had given a designer his own in-store shop. In 1971, Ralph Lauren Corporation launched a line of tailored shirts for women, which introduced the Polo player emblem, appearing on the shirt cuff. The first full women's collection was launched the following year.

1971 also marked the opening of Ralph Lauren's store on Rodeo Drive in Beverly Hills, California, his first freestanding store. In 1977 Ralph Lauren Corporation introduced a signature cotton mesh Polo shirt in various colours. Featuring the polo player logo on the chest, the shirt became emblematic of the preppy look—one of Lauren's signature style.

In 1974, Ralph Lauren outfitted the male cast of The Great Gatsby in costumes chosen from his Polo line - a 1920s-style series of men's suits and sweaters, except for the pink suit which Lauren designed especially for Robert Redford’s Jay Gatsby. In 1977, Diane Keaton and Woody Allen wore Lauren's clothes in the Oscar-winning film, Annie Hall.


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Wikipedia

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