Ralph Lauren Push Luxury Store Concept Store

Recently, Ralph Lauren launched the super luxury concept store in Milan. For the opening of the new concept store, the company stopped the multi brand centralized store, originally set out in Via Montenapoleone in June.

The new store is located at Via San Barnaba, covering an area of 11840 square feet. It will create the latest fashions for VIP customers one by one.

The new concept store will open in September this year. Customers can also choose lunch or drinks during private appointments, and enjoy it on the balcony or salon of Milan Palazzo in 1941.

This concept store is regarded as a star.

Experience, when they do not want to buy things quickly, just want to immerse in the complete Ralph Lauren experience, this is the best place.

The shop will display the brand women's wear series and the men's purple standard series. The services include women's accessories wear and custom tailoring, and men's suits.

The super luxury palace concept store will provide Ralph Lauren series exclusive media preview show.

The entire store kept the details of the original building, including the original fireplace, which is also a special commodity from the Ralph Lauren furniture series.

If customers like this shopping experience, this concept store will also be launched in other markets.

This new concept store combines two kinds of Lauren's passion: Food and

。

Ralph Lauren has restaurants in Paris and Chicago, while Polo Bar in New York opened in January.

"I hope to create the most elegant and high-end customization experience for our best customers, which will also become the ultimate luxury."

Ralph Lauren chairman and CEO Ralph Lauren said.

When it comes to location selection in Milan, he adds, "the city has the most appreciable and handy clientele".

Related links:

In October, Ann Inc. signed a confidentiality agreement with Golden Gate Capital Corp.. Analysts said the agreement meant the possibility of the sale of Ann Inc..

Recently, the US retail industry came to the news that the Ann Taylor parent Ann Inc. (NYSE:ANN) of the country's women's clothing brand is close to being fully purchased by its largest single shareholder and private Holdings Company Golden Gate Capital Corp. with an estimated value of about $2 billion.

Ann Inc (NYSE:ANN) rose 8% to 40.35 dollars on Thursday, and the valuation of 2 billion dollars is 16% higher than the 1 billion 720 million dollar market value calculated at yesterday's closing price.

Golden Gate Capital Corp.2014 disclosed in March that Ann Inc. (NYSE:ANN) 9.56% shares have become the largest shareholder, and Ann Inc. is regarded as a long-term investment object without intention to divest.

Ann Inc. has been prompted to sell since August of last year. Its minority holders, Engine Capital LP and Red Alder LLC, have been hoping to sell the company. However, under the help of Golden Gate Capital, we have invited Mr. Morgan & Co., Ltd. to seek strategic options including sale.

Reuters quoted sources as saying that the two sides are now conducting one to one in-depth negotiations, and the paction may be finalized next week.

As of the end of the fourth quarter, Ann Inc. has 1025 stores in the United States and Canada.

The retail market in the United States has become difficult in recent years. Ann Inc. has also been battered by fierce competition, high promotion environment and weak public consumption. However, the group's performance in the four quarter ended in January 31, 2015 was strong, adjusted earnings per share recorded $0.12, far exceeding the market expected loss of $0.03 per share.

Same store sales increased by 1%, total revenue increased by 3.9%, from 623 million 300 thousand US dollars in the same period last year to 647 million 400 thousand US dollars.

In the 2014 fiscal year, Ann Inc. adjusted earnings per share for us $1.94, the previous year was US $2.19, and revenue grew by 1.6% to US $2 billion 533 million 500 thousand.

The Group expects to earn $605 million in the first quarter of fiscal year 2015, which is basically in line with analysts' expectations of $605 million 800 thousand. Meanwhile, it expects us $2 billion 565 million in fiscal 2015, slightly lower than analysts' expectations of 2 billion 600 million US dollars. We expect 52% gross margin in 2015 fiscal year and low single digit growth in same store sales.