Ralph Lauren Is Expanding In Canada With Digital Commerce Launch And First Luxury Store Opening
Portfolio Pulse from Benzinga Newsdesk
Ralph Lauren is expanding its presence in Canada with the launch of digital commerce and the opening of its first luxury store. This move is part of the company's strategy to strengthen its direct-to-consumer business.
September 27, 2023 | 12:02 pm
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Ralph Lauren's expansion in Canada through digital commerce and a new luxury store could potentially boost its revenues and strengthen its direct-to-consumer business.
The expansion in Canada, including the launch of digital commerce and a new luxury store, is a strategic move by Ralph Lauren to strengthen its direct-to-consumer business. This could potentially increase its customer base and revenues, positively impacting its stock price in the short term.
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