Ralph Lauren Corp. Q4 profit surged 35%, even though falling wholesale orders and cold weather in Europe weighed on sales growth.

Ralph Lauren has agreed to pay $1.6 million to resolve regulatory and criminal claims that executives at its Argentinian subsidiary bribed government officials. The agreement will settle allegations that the manager of the clothing firm’s Argentinian subsidiary bribed customs officials for five years to ensure the clearance of prohibited goods, avoid inspections and to import [...]

Ralph Lauren posted better-than-expected first quarter earnings on the back of “robust expansion” over the past two years.