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Some analysts pointed out that the instability of Ralph Lauren's sales growth is not only caused by the downturn in the global luxury market in recent years, but also many problems in the group’s business strategy and growth layout. The lengthy management mechanism makes brand products The production cycle is as long as one year. In June last year, Ralph Lauren CEO Stefan Larsson proposed a series of 'rejuvenation' plans, including measures such as closing 50 underperforming stores, cutting 1,200 employees, working to shorten product production cycles, and streamlining the management structure. It is reported that the plan can save Ralph Lauren Group US$140 million each year, and the restructuring costs including employee severance, lease termination costs and inventory management costs are about US$370 million. The entire plan is expected to be available before the end of March 2018. carry out.

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