I also believe there has been two indigo Clydes: a 10.8 oz rigid twill & a lighter weight twill with red/white selvedge a few seasons prior (my photo: https://www.instagram.com/p/tMoIkkq7ZU/).
Edited by ispace - 2/15/16 at 1:21pm
Well I am sure the change in how they run their sales has a bit to do with the $100mil drop in sales. The fact that they are eliminating RRL womans would make me think RRL men will be next to go. I would love to know what their sales over profits are for RRL at MSRP compared to RRL at discount. Larsson is def against dropping prices since he feels better inventory management will prevent them from having to discount like they once did.
It sounds like they were a shit show with bad management NOT a lack of buyers causing this drop in stock prices. I read (Forbes) that they are trying to implement a demand driven supply cycle but what the hell were they doing before!?! I thought RL would have a better grip on forecasting supply and demand but everything I have read says they miss way to much. They also rode the dept store thing way to long and should have been thinking restructure years ago but of course thats easier said than done
I know we are all RRL biased, and so is Ralph Lauren. I don't imagine Ralph would allow for his 'baby' to take the big hit to sacrifice dollars? I imagine they'll streamline inventory and cut back on brick & mortar locations before killing another brand. If anything, wouldn't they trim back Purple Label and downsize the options available through the Polo brand? However, I do know that RRL's profit margin is slim to none because of the price point and number of sales they end of running in order to clear previous seasons. Then again, what do I know. I just hope RRL never goes away ha
A very dear friend of mine who designs for the company informed me that it has less to do with management and inventory, and everything to do the fact that people just aren't spending money like they used to, leading to lackluster sales for most if not all divisions of RL. From what I understand, RRL will continue to exist, despite barely breaking even.