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Ralph Lauren - 1 — - 1 Ralph Lauren's - 1 I've - 1 Patrice Louvet - 1 Xi Jinping's - 1 Neil Saunders - 1 Edward Berthelot - 1
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Search resuls for: "Sebastian Ng"


2 mentions found


☆ Why Ralph Lauren, the all-American luxury brand, is a hit in China
  + stars: | 2024-11-10 | by ( Maria Noyen | ) www.businessinsider.com   time to read: +7 min
Classic luxury, which Ralph Lauren encapsulates, is resonating with Chinese consumers. "I've said it before but it bears repeating in a volatile environment, Ralph Lauren is firmly on offense," Patrice Louvet, the CEO of Ralph Lauren, said on a conference call with analysts on Thursday. Ralph Lauren classics like Polo shirts and cable-knit sweaters are a hit with Chinese consumers. Ralph Lauren targets Chinese consumers in six key cities and on local Chinese social media platforms. Sebastian Ng/SOPA Images/LightRocket via Getty ImagesWith its brick-and-mortar stores, Ralph Lauren has prospered by doing more with less.
Persons: Ralph Lauren, —, Ralph Lauren's, I've, Patrice Louvet, Xi Jinping's, Neil Saunders, Edward Berthelot, Martin, Louvet, Ralph Lauren doesn't, Zers, Sebastian Ng, Olivia Plotnick, Roll, Donald Trump's, It's Organizations: Service, New, GlobalData, McKinsey, Getty, Wai, China Locations: Asia, China, New York City, China China, Tokyo, Seoul, Shanghai, Milan, China —, Beijing, Chengdu
☆ China’s yuan hovers near record lows against the dollar despite central bank warning
  + stars: | 2022-09-29 | by ( Laura He | ) edition.cnn.com   time to read: +3 min
Hong Kong CNN Business —China’s yuan hovered near record lows against the US dollar on the offshore market on Thursday, as major currencies around the world continue to tumble after the Federal Reserve’s aggressive hikes. The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The fall comes despite People’s Bank of China warning traders on Wednesday not to bet on the currency’s continued depreciation. Vendors exchange Chinese yuan notes at a store on Sunday, July 17, 2022, in Beijing. Ng Han Guan/APThe PBOC, meanwhile, has urged traders not to “keep gambling.”“The foreign exchange market is a big deal.
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