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Asia drives Ralph Lauren Q2 growth surge

US fashion group Ralph Lauren’s revenue rose 6% YoY in Q2 to $1.73 billion, primarily driven by growth in the European and Asian markets, with the latter rising by 10%. The company’s global same-store sales increased by 10%, supported by strong retail performance and pricing strategy. Gross margin improved to 67%, with an operating margin of 11.4%, exceeding expectations thanks to brand elevation and cost control. Ralph Lauren expects revenue growth of 3% to 4% for fiscal 2025.

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