This Iconic Fashion Brand Is Starting to Shut Down Stores

Ralph Lauren was once considered a premier American fashion brand mentioned in the same breath as ’90s icons Calvin Klein and Tommy Hilfiger. As recently as 2015, business was booming and poised for growth, according to Fortune. But somewhere along the way, the shop—recognizable for its country club aesthetic—lost its sheen. Now, Ralph Lauren has announced plans to reduce its corporate footprint and shutter some retail stores globally, according to Retail Dive. Read on for more on Ralph Lauren’s store and office closures, and for more on businesses that have been crushed by COVID, check out This Iconic Department Store Is Filing for Bankruptcy.

In recent years, Ralph Lauren expanded to

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