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Does Ralph Lauren Have Any Growth Prospects?

Ralph Lauren (NYSE:RL) is one of the world's premier luxury lifestyle brands that designs, markets, and distributes men's, women's and children's apparel, accessories, fragrances, and home furnishings. Ralph Lauren's operations include wholesale, retail, and licensing, and its products are sold under a wide range of brands, ranging from Polo Ralph Lauren to Black Label. The brand names constitute one of the world's most widely recognized families of consumer brands, universally recognized and associated with distinct design and quality. The company has a very competent management, including CEO/Chairman/Founder Ralph Lauren, who is the largest shareholder of the company; President and COO Jackwyn Nemerov, who has been with the company for 11 years after her tenure as President and COO of Jones Apparel Group; and CFO Christopher Peterson, former CFO of Procter and Gamble who has been with RL since…