Ralph Lauren raises revenue outlook, warns on costs

Unlike its European luxury peers Ralph Lauren sources the vast majority of its offerings from outside the US  making it more susceptible to shipping delays.

Ralph Lauren has said it expects to face higher shipping and commodity costs in the next few months as the high-end clothing maker is spending heavily to ensure stores are stocked with its product in the run-up to Christmas. during the holiday season.

The company's shares fell more than 6% even after it raised its full-year revenue forecast.