Date post: | 09-Aug-2015 |
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By: Zack Augstell, Peter Valone, Kalene Faricellie
History• Founded in 1967
•Headquartered in New York City
• June of 1997 opened on NYSE at $26
Retail Channels•Ralph Lauren Flagships
• Polo Ralph Lauren Factory Outlets
•www.RalphLauren.com
Operations
DesigningPrototypes
and Projections
Purchasing of
Materials
Mass Production
Distribution to Outlets
End User Purchasing
•Ralph Lauren as a designer• Lag between concept & final sales
Product Design
•Employees across the globe•Creative & Managerial
•Artistic blueprints
•R&D for industry themes/climate
• ‘Right the first time’
Designers for Ralph Lauren
• Samples acquired• Supplier relationships & ‘auditions’•Multiple samples & prototypes• Presentations and discussions to rank designs
Prototype Stage
• Purchasing managers negotiate prices/quantities• Leverage of the managers
•Crafting agreement/terms• Shipments begin to arrive•Ready for Mass Production• Items ready for 3 main marketing channels
Choosing Suppliers
Showcase the Ralph Lauren Brand Carry Purple and Black Label Products
8 Flagship Locations Chicago
Flagship Stores
Flagship Store Process1. Products manufactured in Italy (custom-made)
2. Sent to distribution centers in Europe, Asia and North Carolina
3. Shipped to Ralph Lauren flagship stores around the world
Outlet Stores• Carry Blue Label, RLX, Denim & Supply, Accessories,
Footwear
• 172 outlet stores worldwide
• Helps Ralph Lauren maintain brand awareness during weak macroeconomic conditions in United States and Europe
Outlet Store Process1. Manufacturers in Europe and Asia
2. Apparel shipped to Ralph Lauren distribution centers around the world
3. Shipments to stores carried out weekly
•Different labels to target markets
• Similar process, different destinations
•Geographic locations of target market
Online & Catalog
• Fulfillment center holds items• Order is placed• Payment on hold• Items found / outbound mail• Shipping methods• Shipping promotions
• Selling a Brand
Online & Catalog Process
Brand
“The Luxury
Lifestyle”
Overview
Timeless, Modern,
Luxury,
Ralph Lauren
Thank You!