Business · Companies · 1 hr ago

Ralph Lauren Korea card spending reaches highest level since October 2023

Ralph Lauren Korea card spending reaches highest level since October 2023

Polo Ralph Lauren is a US fashion brand with a 60-year history that is still attracting shoppers in South Korea.

Credit-card spending at Ralph Lauren Korea reached about 26.3 billion won in September, up 19% from a year earlier.

That was its highest monthly total since October 2023; spending also rose 17% in July and 22% in August.

The brand has kept its classic American identity while marketing to Gen Z and broadening its products.

Those efforts have helped it appeal to different generations and support sales growth in South Korea and overseas.

Strong global results have also been accompanied by a rising share price, though no specific next step is given.

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