Ralph Lauren reaffirms guidance as revenues edge up to $1.5bn
In retail, comparable store sales in Europe were up 2%, with a 1% increase in brick and mortar stores and an 8% increase in digital commerce
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Luxury retailer Ralph Lauren has revealed it expects FY revenues to meet expectations of low single digit growth as its Q1 revenues increased to $1.5bn (£1.18bn), up from $1.49bn (£1.17bn) the same time last year.