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Ralph Lauren to lay off thousands as pandemic dulls luxury fashion

Ralph Lauren Corp said on Tuesday it would cut 15% of its global workforce by the end of this fiscal year as the luxury retailer strives to lower costs and ride out the impact of Covid-19 on sales and shopping habits.

https://ift.tt/eA8V8J from Hindustan Times - topnews https://ift.tt/3hXb1hz
Ralph Lauren Corp said on Tuesday it would cut 15% of its global workforce by the end of this fiscal year as the luxury retailer strives to lower costs and ride out the impact of Covid-19 on sales and shopping habits.