Polo Ralph
Lauren Corporation (NYSE:RL)
will hold a conference call on Wednesday, May 28 at 9:00 am ET to discuss the
fourth quarter earnings for 2008. A live
webcast of the presentation will be available on the company’s Investor Relations website at investor.ralphlauren.com.
Polo Ralph
Lauren Corporation (Polo) is a global player in the design, marketing and
distribution of lifestyle products, including men’s, women’s and children’s
apparel, accessories, fragrances and home furnishings.
The Company
operates in three segments: Wholesale, Retail and Licensing. On May 29, 2007,
Polo completed its tender offer, which was commenced on April 17, 2007, in an
effort to acquire approximately 80% of the outstanding shares of Impact 21 Co.,
Ltd (Impact 21), a Japanese corporation, which the Company did not previously
own (the Tender Offer). Impact 21 is its sub-licensee for men’s, women’s and
jeans apparel and accessories in
As part of
the Tender Offer, Onward Kashiyama Co. Ltd (Onward Kashiyama) and its
affiliates sold their approximately 41% ownership interest in Impact 21 to the
Company. Polo also acquired approximately 36% of the issued and outstanding
shares of Impact 21 held by the public, resulting in a total ownership level of
approximately 97%.
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