Withdrawal Pains

Ralph Lauren Has a Department-Store Dilemma

Pulling back from struggling outlets can help -- but it can't go too far.
Photographer: Bloomberg/Bloomberg via Getty Images
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Give Ralph Lauren Corp. credit for at least one thing: Its executives know exactly what its problems are.

The apparel behemoth is working to speed up its supply chain to be more reactive to fashion trends. It is dumping peripheral brands such as Denim & Supply and throwing more resources at marquee labels such as Polo Ralph Lauren.