Sunday, 30 April, 2017

Ralph Lauren closing Fifth Avenue store

U.S. fashion designer Ralph Lauren inside a jacket at a fashion shop in Frankfurt Germany Ralph Lauren to Close Flagship New York Store
Tracy Craig | 05 April, 2017, 02:23

The company said that the goods from the Fifth Avenue store will be sold at other Ralph Lauren stores in NY.

After the 711 Fifth Ave. location closes on April 15, Ralph Lauren executives said they plan to integrate their products in its Ralph Lauren men's and women's flagship stores on Madison Avenue, and other locations throughout Manhattan.

Ralph Lauren Corp. plans to shutter one of its main stores in Manhattan and realign its e-commerce operations, as the struggling NY fashion house continues to push its turnaround plan. And don't worry, the flagship Polo Bar restaurant on Fifth Avenue is here to stay too.

The company also said there may be future "reviews of store footprints" and indicated that more stores may be closed.

Panera Bread exploring sale
Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.73 average brokerage recommendation. After this sale, 6,509 common shares of PNRA are directly owned by the insider, with total stake valued at $1,839,639.

Flint Water Deal To Pay $87 Million To Replace Pipelines 03:41
The agreement includes state monitoring of homes where it has replaced service lines. District Court for Michigan's eastern district approved the agreement Tuesday.

Trump talks up orders on trade, but neglects to sign them
Trump has portrayed trade deficits as strangling economic growth and devastating factory jobs at home. In some cases, for instance, the US simply can't produce enough of a product to meet domestic demand.

Ralph Lauren is also trying to boost its e-commerce presence by relaunching its store on a new platform to "deliver a more consistent customer experience across the global digital ecosystem". The company recently announced that CEO Stefan Larsson will leave the company as of May 1 due to creative differences with founder and chairman Ralph Lauren. It has 485 company-owned stores worldwide. And that is in addition to the $180 to $220 million they expect to save from the cuts they made past year. The company expects to incur restructuring costs of approximately $370 million as a result of these new activities.

Ralph Lauren Corp.is shaking things up-and cutting costs. Items from the store will be moved to its other NY stores, including its Madison Avenue flagships. The retailer will be streamlining its organization and closing offices and stores.

Ralph Lauren said it remains to committed to new retail concepts, including leveraging its Ralph's Coffee format, and develoing new store formats.

Recommended

  • Arsenal vs West Ham

    Arsenal will look to close in on the top four when they entertain West Ham at the Emirates Stadium on Wednesday night . Steve Bower: "If ever there was a match where both managers were in the spotlight, then this is it".
    Cardinals get walk-off victory over defending-champion Cubs

    Cardinals get walk-off victory over defending-champion Cubs

    It was a rare rocky start for him considering he allowed just four runs combined during the first innings of his last 31 starts. Tanaka is a veteran who should bounce back in his next start and eventually get his ERA back down to his normal 3.12 ERA.
    White House says real story is about leaking, not Russia

    White House says real story is about leaking, not Russia

    However, NBC reported on Friday that the Senate Intelligence Committee had rejected the immunity request. Schiff, however, said he viewed Nunes' involvement as simply a way to cloak the White House's role.
  • The Walking Dead Cast Reacts To Season 7 Finale

    There were some down points too, as everyone had to say goodbye to one of the most beloved characters on the show, Sasha. The complete first and second seasons of the series are now streaming at hulu.com/fear-the-walking-dead .
    Assange taunts Ecuador opponent after election

    Assange taunts Ecuador opponent after election

    Although Moreno during the campaign pledged to carry on Correa's policies he offers a sharp contrast in style with his mentor. Scuffles also broke out in Guayaquil, where Lasso is from, before riot police before pushed back protesters with tear gas.

    South Carolina women beat Stanford 62-53 in Final Four

    Gonzaga took advantage of the situation and will now play in its first NCAA Tournament championship game in school history. Thornwell had five points in the first half after averaging 25.8 points through the first four games of the tournament.
  • Berlin police cracking down on distracted driving

    Berlin police cracking down on distracted driving

    Distracted driving includes texting while driving, checking social media, eating or even putting on makeup when behind the wheel.
    Samsung Electronics' mobile chief says Galaxy S8 sales to beat S7's

    Samsung Electronics' mobile chief says Galaxy S8 sales to beat S7's

    Furthermore, Samsung DeX also supports Adaptive Fast Charging technology so it will charge your smartphone while it is connected. With the Bixby assistant, users can take photos and it will recognise the place and provide information about the image.
    Trump to sign executive orders targeting trade abuses

    Trump to sign executive orders targeting trade abuses

    The moves on trade come one week before Trump is scheduled to meet with Chinese President Xi Jinping at Mar-a-Lago next weekend. The Trump administration's approach to tackling bilateral trade imbalances has received widespread criticism from economists.
  • Law Officials Reportedly Want To Rename Rikers Island After Kalief Browder

    Law Officials Reportedly Want To Rename Rikers Island After Kalief Browder

    The mayor said very few of the city's inmates come from Staten Island and that building a jail there would not be "strategic". The city also operates four prisons in Manhattan, Queens, Brooklyn and the Bronx with a combined capacity of 3,000 prisoners.
    Syndergaard, Cabrera lead Mets past Braves 6-0 in opener

    Syndergaard, Cabrera lead Mets past Braves 6-0 in opener

    Last season, the Braves finished the year with a 68-93 record, good for last place in the National League East division. I was nervous - and that was an awesome feeling". "I am extremely blessed to have him on this team".
    Venomous fish may lead to new pain killers, finds new research

    Venomous fish may lead to new pain killers, finds new research

    Study co-author Bryan Fry surmises that this combination "can produce sensations of extremely unpleasant nausea and dizziness". Fang blennies - colorful Pacific region fish - in the Meiacanthus genus may be small, but they pack a very serious bite.

More Than 3100 Employers Take Stand For Equal Pay Through Glassdoor Pledge The Pew Survey found several disconnects between what women believe is causing the gender pay gap and the empirical research. Engineering is a high-paying, highly educated profession still dominated by men, but the pay is more equal than most jobs.

'Iron Fist' Creator Fires Back At The Show's Critics 'Iron Fist' Creator Fires Back At The Show's Critics He also explained that if Marvel made a decision to cast an Asian actor to play his character, he would have been cool about it. There's no more of an outsider than an Asian-American: We feel like outsiders in Asia and we feel like outsiders at home.

PM Modi inaugurates Asia's longest road tunnel PM Modi inaugurates Asia's longest road tunnel The distance from Chenani and Nashri will now be 10.9 kms (between two ends of the tunnel), instead of the existing 41 kms. It is expected to boost tourism and economic activities in the State of Jammu and Kashmir as it is an all weather tunnel.

Syria's warring sides trade insults after Geneva talks Syria's warring sides trade insults after Geneva talks He also indicated that the two sides were ready for another round of talks, but wouldn't say when that process starts. De Mistura on Friday meanwhile dismissed a barrage of rumours he was preparing to step down.

`Basalt rock radiation' may be heating up Bhira: IMD `Basalt rock radiation' may be heating up Bhira: IMD The maximum temperature in Jammu dropped by a degree to settle at 33 degrees Celsius, still four degrees above normal. Presently, the heatwave condition continues to prevail over three states - Maharashtra, Rajasthan and Madhya Pradesh.

Dystopian Video Game We Happy Few Getting a Film Adaptation Dystopian Video Game We Happy Few Getting a Film Adaptation Dj2 CEO Dmitri Johnson also states that the studio's goal is to remain true to the game's source material. Gold Circle Films and DJ2 Entertainment Partner to Adapt Compulsion Games' We Happy Few as Feature Film.

Swansea's Clement believes relegation fight could go to last game Swansea's Clement believes relegation fight could go to last game The businessmen are travelling from the United States to attend the home games against Middlesbrough and then Tottenham on Wednesday.

Mike Epps sorry for dancing with kangaroo on Detroit stage Mike Epps sorry for dancing with kangaroo on Detroit stage Epps changed his tune Sunday, promising to make a donation to Viva's Save the Kangaroos campaign. Detroit animal control said last week it was investigating, but couldn't be reached Monday.

Why Did Matt & Jeff Hardy Originally Leave the WWE? Why Did Matt & Jeff Hardy Originally Leave the WWE? They had a wonderful Broken gimmick going on, but due to recent legal claims from Impact Wrestling that might have changed things. The WWE Universe is about to get broken, with Matt and Jeff, the Hardy Boyz, making their WWE return at WrestleMania 33 .

North Korea maintains readiness for nuclear test at any time - South Korea North Korea maintains readiness for nuclear test at any time - South Korea North Korea has maintained readiness to conduct a new nuclear test at any time, a South Korean military official said on Friday. It quoted one of the officials as saying as saying the test could come as early as the end of the month.

Adrian Peterson Plans To Visit The Patriots on Monday After returning for Minnesota's Week 15 loss to the Indianapolis Colts, he was out for the team's final two games. Foster on the roster at running back, and is expected to look closely at the position in the draft.

European Union wants 'progress' on Brexit divorce before talks on new ties European Union  wants 'progress' on Brexit divorce before talks on new ties The official was speaking on condition of anonymity to discuss sensitive diplomatic issues. Citizens from all over the European Union live, work and study in the UK.

Mark McCall urges Saracens to adapt against Glasgow in Champions Cup Mark McCall urges Saracens to adapt against Glasgow in Champions Cup It is always seeing players who are playing in your position and seeing what they are doing and working a bit smartly. It's about how well we deal with the physicality they throw at us and how quickly we can adapt".

Michelle John first to be elimated from The Voice final Michelle John first to be elimated from The Voice final The climax of the singing competition eventually saw Adeniran crowned the victor , securing a coveted Polydor recording contract. Despite the result, their mentor, Sir Tom Jones , insisted that they had a "long recording career" ahead of them.

Third body found in aftermath of damaging Australian cyclone Third body found in aftermath of damaging Australian cyclone Queensland state authorities warned that crocodiles and snakes could also be lurking around after Debbie hit. And sharks are not the only unusual sightings in floodwaters in Australia's tropical north.