2012年11月5日星期一

Ralph Lauren greater emphasis on accessories?


Ralph Lauren cheap quality luxury handbags for sale, New York, the company's business although most of the clothing, the company is seeking to expand its accessories business, especially in Asia and emerging markets. 
The analyst asked, in the time of President / Chief Operating Officer Roger Farah, Ralph Lauren has released its second quarter earnings conference call on Friday in the direction of the company's accessories business. 

"I think this is a the import growth industry of the broad definition of the concept of common knowledge Accessories, for some time now, and whether the accessory luxury price, or what is known as affordable luxury or even in more moderate price I think that the attachment category was significantly better than clothing, especially women's clothing, for some time. " 
Farah said the biggest focus of the company is its successful clothing business, but it has a license in the past six years, the development of key accessories. "We have developed a sourcing capabilities, we believe that Ralph Lauren aesthetic accessories and fine conversion, here we have a partnership or licensing relationship with Luxottica (glasses) or with the Richemont Group (watches) or L'Oreal (cosmetics) partnership, I think, with our world-class, best-in-class partners. " 
Extended to accessories is likely to be the most powerful in the Middle East, Russia and Asia, especially China, rising income consumers to express their own signature or easily identifiable high-end products, "he added. 
Farah said he was "very happy with our position, we're going to place an interesting reality, the results of our study, high penetration so far no accessories are extraordinary profit margins in the wholesale and extraordinary profit margins, we correctly in retail bring higher profits., I think we are making good progress, I think the quality of what we're doing, I do not think we are looking for the progress made in the early stages of the business jam artificially My guess is that the long term this will be a very big part of what we do, it will be more prevalent in Asia and emerging markets, and perhaps some of the more mature markets, but I do not want to backup the garment quality cheap luxury handbags  enterprises . "...

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