In fiscal 2019, Ralph Lauren opened 135 new stores and concessions. The company also closed 85 boutiques.
94 of the new stores where located in Asia. 39 of the 94 where opened in China alone, which is the company’s fastest growing market. In fiscal 2019, the company’s sales in the country increased by 20% in constant currencies, and now account for 3.5% of the company’s total global revenue.
The company also opened four boutiques and two outlets in Europe.
