Polo Ralph Lauren Corporation announced that Standard & Poor's (S&P) has added the company to the S&P 500 Index, effective after the close of trading.
Ralph Lauren, Chairman and Chief Executive Officer of Polo Ralph Lauren, said, "We are very pleased to be added to the S&P 500, widely regarded as the most important gauge of the U.S. equities market."
"This significant milestone recognizes the strengths of our quality design and products, the evolution of our growing global business, and it is a testament to the operational and financial success we have enjoyed."
The S&P 500 is world-renowned index which includes 500 leading companies across major industries of the U.S. economy. It is considered to be one of the leading benchmark indicators of performance for the overall market.
Polo Ralph Lauren Corporation is a leader in the design, marketing and distribution of premium lifestyle products in four categories: apparel, home, accessories and fragrances.
For more than 40 years, Polo's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets.
Polo Ralph Lauren Corporation
marketing@alchempro.com
