Ralph Lauren considers raising prices on products to respond to Trump's tariffs.
The American fashion brand Ralph Lauren has stated that it is assessing the impact of President Trump's tariffs and may consider raising product prices. The company has mentioned that the tariffs and cautious consumer spending pose a challenge to operating expenses, and the latest estimates suggest a low single-digit annual growth in revenue by 2026, with market expectations of a 4.4% increase. CEO Patrice Louvet has noted that they are studying how to deal with tariffs, including the possibility of adjusting prices for the remainder of this year and next spring.
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