Saturday, July 20, 2024

RALPH LAUREN STATEMENT RELATING TO RECENT MEDIA REPORTS IN INDONESIA

NEW YORK, July 17 (Bernama-BUSINESS WIRE) -- Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “Ralph Lauren”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and other parties in Indonesia.

We would like to clarify that this company is not affiliated with or related to Ralph Lauren in any way and that these disputes do not involve Ralph Lauren.

Ralph Lauren currently does not directly operate any stores in Indonesia, nor has it authorized or entered into an agreement with any partner or distributor to operate any “Polo Ralph Lauren” or other “Ralph Lauren” branded store in Indonesia. To address the demands of our customers in Indonesia, we have been selling our products only via certain third-party retailers. 

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