Ralph Lauren Corporation Stock News

Abercrombie & Fitch Co. ANF, +18.11% and Ralph Lauren Corp. RL, +12.45% joined a wave of retailers furloughing their store workers Monday, with both announcing they will cease paying some employees on

There are new reasons to think that consumers are still spending online.

The Polo titan is still in good shape, but the next few quarters will be tough.

Ralph Lauren (RL) closed the most recent trading day at $65.75, moving -1.62% from the previous trading session.

Ralph Lauren Inc. RL, +4.81% said Tuesday that it is working with its manufacturing partners to produce 250,000 protective masks and 25,000 isolation gowns to donate.

How quickly will sales recover, and how much will companies lose in the meantime?

The donations will go to relief efforts both inside and outside the fashion industry.

An analyst's note pointed out that the company has solid cash reserves.

Shares are up, but it's a modest rally on a big day.

Ralph Lauren (RL) closed the most recent trading day at $73.58, moving +0.1% from the previous trading session.

Ralph Lauren (RL) temporarily closes all stores across North America between Mar 18 and Apr 1 to safeguard its employees and society from the coronavirus outbreak.

Apparel stocks have taken a hit since WHO declared the COVID-19 outbreak an international emergency. The global economic slowdown, as well as the lockdown of major economies, have hurt apparel stocks.

The company is shutting down stores on virus concerns.

Employees will be paid through the two-week stoppage.

Several retailers have withdrawn their guidance due to the uncertainty concerning the possible impact of coronavirus on their performance.