Welcome, Guest |   Sign In   |   Register  
 
 
Print Email Page RSS Feeds

Posted Date: 2/21/2012

Ralph Lauren E-Commerce Sales Climb 31%

Ralph Lauren saw significant e-commerce sales growth during Q3 of 2012, with online sales climbing 31% compared to the same quarter the previous year. Sales via mobile devices have also made a strong showing, accounting for 20% of the traffic to RalphLauren.com and nearly 10% of sales, according to president/CIO Roger Farah.
 
For the quarter that ended January 19, 2012, total retail sales reached $1 billion, a 22% increase over the same period in fiscal 2011. Comparable store sales increased 12%, with the sharp rise fueled mostly by the 31% increase in online sales. At Ralph Lauren-branded brick-and-mortar stores, comp store sales increased only 7%; they rose 9% at the company's factory stores and 17% at its Club Monaco stores.
 
"It is clear that e-commerce has become an increasingly preferred channel for many of our customers," said Farah during a recent conference call. "And while we were pioneers in selling luxury products online, we remain committed to investing in this high-growth distribution channel and branding vehicle."
 
Assuring the brand experience is optimized for customers is important because repeat customers, on average, have higher transaction sizes and shop more frequently. This requires constant investment in technology and content to remain relevant to involve and enrich the customer experience. Ralph Lauren is investing in online content such as interactive fashion show videos, style guides and even a magazine. It will also create custom environments to showcase certain brands.

Rate this Content (5 Being the Best)
12345
Current rating: 3 (1 ratings)
 
 
 

Leveraging the Cloud for Operational Advantage
6/11/2013 2:00:00 PM (EST)
Moderator:
Adam Blair, Executive Editor, RIS News
Panelists:
Abe Lietz, CIO, Jenny Craig
Vishal Sharma, VP of Cloud and IT Services Products, EarthLink
Robin Robison, VP, Customer Success, PlumSlice
Register Now

Creating True Digital Immersion in the Store Environment
6/5/2013 2:00:00 PM (EST)
Moderator:
Dave Weinand, Publsiher, RIS News
Panelist:
Steven Keith Platt, Director and Research Fellow, Platt Retail Institute
Todd Sims, Director of Sales, Four Winds Interactive
Register Now

CLARINS China commerce site adds to brand's momentum in China CLARINS China commerce site adds to brand's momentum in China
Global cosmetics retailer CLARINS faced business and technology hurdles in establishing a branded e-commerce site in mainland China. Download this RIS News case study to discover how Demandware helped CLARINS move the site from RFP to go-live in just six months.
Download Now

Three Reasons Why Retailers and Foodservice Operators Should Embrace Cloud-Based Workforce Management Technology Three Reasons Why Retailers and Foodservice Operators Should Embrace Cloud-Based Workforce Management Technology
The challenge for retailers and foodservice operators embracing cloud will be in building a business case and selecting a viable provider to deliver results. Learn about the pressures, actions, and technology enablers facing retailers and foodservice operators when adopting cloud.
Download Now



MEDIA KIT | EDITORIAL BOARD | PRIVACY STATEMENT | TERMS & CONDITIONS | CONTACT US
All materials on this site Copyright Edgell Communications. All rights reserved.