The ‘Accessible Luxury’ Gap Is Winning While Mega-Luxury Stumbles
Ralph Lauren reported Q4 revenue of $2 billion, up 12% YoY. EPS of $2.80 beat forecasts by 12.9%. Full-year revenue crossed $8 billion for the first time. Stock surged 11.58% in pre-market trading. Meanwhile, LVMH’s fashion & leather division, its…
