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Business Description
Polo Ralph Lauren Corporation designs, markets and distributes lifestyle products. The Company's brand names include Polo, Polo by Ralph Lauren, Ralph Lauren Purple Label, Polo Sport, Ralph Lauren, Blue Label, Lauren, Polo Jeans, RL, Chaps and Club Monaco. It offers, along with its licensing partners, broad lifestyle product collections in four categories: apparel, which includes collections of men's, women's and children's clothing; home, which includes coordinated products for the home, such as bedding and bath products, furniture, fabric and wallpaper, paints, broadloom, tabletop and giftware; accessories, which encompass products such as footwear, eyewear, jewelry and leather goods, including handbags and luggage, and fragrance and skin care, of which products are sold under the Glamorous, Romance, Polo, Lauren, Safari and Polo Sport brands. The Company operates in three integrated business segments: wholesale, retail and licensing.

Financial Information
For the 26 weeks ended 10/2/04, revenues rose 25% to $1.48 billion. Net income rose 59% to $93.8 million. Revenues reflect an increase in comparable outlet store sales. Net income also reflects a higher gross profit due to the addition of the women's Lauren line.