Ralph Lauren’s revenue rises 1% as Asia, Europe offset US decline
Ralph Lauren reported its fiscal Q1 2025 results, with revenue rising 1% YoY to $1.51 billion and operating profit up 26% to $210 million. Gross margin improved to 70.4%. The US market saw a 4% revenue decline, while Europe and Asia experienced growth, with Europe up 6% to $480 million and Asia up 4% to $390 million. The group stated that during this period, revenue growth in the Chinese market was in the high single digits, and that strong growth in the Asian and European markets offset the negative impact of weak performance in the US.