Ralph Lauren mulls price hike

News Snapshot:

A general view shows the New York Stock Exchange, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura) Ralph Lauren forecast tepid annual sales on Thursday and said it was weighing price increases for its classic Polo shirts and spring dresses, as the apparel retailer grapples with volatile U.S. tariffs and consumer spending pressures. Its shares were marginally higher in early trade, as the company beat fourth-quarter estimates for revenue and profit, thanks in part to investments in brands including Polo and Purple Label, as well as increased marketing. The company expects fiscal 2026 revenue to increase in the...