Earnings Preview: Retail Channel To Drive Ralph Lauren's Top Line

We expect Ralph Lauren's top line to continue to grow as markets such as China and India are set to increase their spending on luxury items by 80% and 72% respectively over the 2013-2018 period. In addition, we expect the company to acquire a more comparable base to boost its top line growth, as it discontinues unproductive businesses and streamlines its supply-chain arrangements.