Ralph Lauren's online sales in China jumped 76 percent in the fourth quarter, putting it back on track in China en route to recovery.
The New York-based company noted that loungewear and athleisure products were highly in strong demand as people have to stay at home.
Ralph Lauren was able to expand the number of stores that could fulfill online orders in China, an important growth market for luxury goods companies, during the pandemic.
It also offered digital services like advising on style and events, which is now testing in North America and Europe.
The company said that sales growth in China could return to pre-pandemic levels by the second quarter, with most of its stores there now open.
It is also hoping to sell its Spring collections that were stocked in warehouses later in the year.
However, Ralph Lauren said it expects significant struggles in fiscal 2021.


Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance
GameStop Proposes $56 Billion eBay Acquisition in Bold Strategic Move
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales
United Airlines Flight Hits Light Pole During Newark Landing, FAA Investigates
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours
Berkshire Hathaway Q1 Earnings Jump 18% as Greg Abel Signals Disciplined Growth Strategy
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 



