A Shanghai collector says he spent at least $1 million on Ralph Lauren over the past 4-5 years, amassing a large wardrobe and now reselling pieces in two vintage stores. The anecdote suggests sustained consumer demand and brand loyalty, but it is not material for company earnings or near-term market pricing.
A Shanghai collector says he spent at least $1 million on Ralph Lauren over the past 4-5 years, amassing a large wardrobe and now reselling pieces in two vintage stores. The anecdote suggests sustained consumer demand and brand loyalty, but it is not material for company earnings or near-term market pricing.
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