CunningSmeagol
Distinguished Member
- Joined
- Oct 15, 2006
- Messages
- 3,882
- Reaction score
- 20
Reports abound of luxury retailers cutting prices with abandon, effectively turning them into outlets and eroding brand cachet, some have speculated, irreversibly, at least in the near future. RL is doing this too, but RL has always done this, and yet through some miracle of marketing, the brand does not seem to suffer.
In these times of forced markdowns, Ralph seems to be in his element. Does he, for this reason, emerge unscathed? RL (NYSE) is down about 50% from 2007 highs. Does he outperform the rest of retail?
In these times of forced markdowns, Ralph seems to be in his element. Does he, for this reason, emerge unscathed? RL (NYSE) is down about 50% from 2007 highs. Does he outperform the rest of retail?