Ralph Lauren Sues Insurer for $700M in Coronavirus-Related Coverage

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Ralph Lauren Corp. wants its insurer to pay up. The brand was hit hard by the coronavirus pandemic, like just about every other fashion business, and saw first-quarter losses of $112 million as consumer culture was upended. Revenue is down 66 percent overall, compared to last year, and wholesale business has nearly evaporated, down 93… Continue reading Ralph Lauren Sues Insurer for $700M in Coronavirus-Related Coverage