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184
Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
Nov 2, 2021
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Ralph Lauren warns of higher supply chain costs to meet holiday demand

By
Reuters
Published
Nov 2, 2021

Ralph Lauren Corp said on Tuesday it expects to face higher shipping and commodity costs in the next few months as the high-end apparel maker is spending heavily to ensure stores are stocked with its Polo shirts and sports jackets during the holiday season.


Photo: Ralph Lauren



The New York-based company's shares fell 4% in morning trade even after the company raised its full-year revenue forecast.

Unlike its European luxury peers, which manufacture the bulk of their products in their home market, Ralph Lauren sources the vast majority of its offerings from outside the United States, with 40% manufactured in China and Vietnam alone, making the company more susceptible to shipping delays and factory closures.

Those supply chain disruptions have especially hobbled the clothing industry, with apparel having the highest online out-of-stock levels among U.S. retail sectors in the run-up to the holiday season, according to Adobe Analytics.

However, Ralph Lauren said it was confident it would have enough stock to meet holiday demand, in part because it is spending heavily to ship products by air.

"While we expect continued variability of inventory flows, from quarter-to-quarter, we believe our inventories are well positioned... to meet demand for the upcoming holiday and spring '22 seasons," Chief Financial Officer Jane Nielsen said.

The retailer said it expects constant currency fiscal 2022 revenue to rise 34% to 36%, compared with a prior forecast of a 25% to 30% increase.

But Ralph Lauren kept its full-year operating margin forecast unchanged at 12% to 12.5%, due to higher freight costs and increasing prices of raw materials such as cotton.

Ralph Lauren's net revenue rose 26% to $1.50 billion in the second quarter ended Sept. 25, as resurgent demand for luxury goods in North America and Europe helped offset some pressure in Japan and China where the reinstatement of virus restrictions kept people away from stores.

 

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