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Ron Baron Comments on Ralph Lauren

April 24, 2013 | About:

Over the past decade, Ralph Lauren (RL) has transformed his business from a largely licensed, mens' apparel company into a global lifestyle brand, including womens' and childrens' apparel and accessories. Polo has advanced its global objectives by acquiring Ralph's company's former licensees in Europe and Asia. It was not inexpensive to acquire the licensed businesses, which have allowed Polo to grow much more rapidly.

From Ron Baron’s Baron Funds first quarter 2013 investor letter.


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