"For nearly 30 years the Japanese customer has responded well to our extensive range of products. With that foundation, and with the opening of our Tokyo flagship store last year, we have been able to expand the assortment of our luxury products and show the Japanese customer the diversity, breadth and excitement of the brand."
"Japan is our second largest country in terms of sales of our products after the United States and, upon the successful completion of these transactions, we intend to enhance our presence in major department stores, expand our portfolio of Ralph Lauren stores and further build the infrastructure to support a growing business," said Roger Farah, Polo Ralph Lauren President and COO. "We will look to reinforce the brand's image and elevate the distribution in Japan to better align with our business globally."
"This is an exciting time for Impact 21 as we become part of one of the most recognized brands in the world. We look forward to working closely with Polo Ralph Lauren as we strive to meet the needs of our customers, and support the company's future growth in Japan," said Tadao Enomoto, President and Representative Director of Impact 21. "Our board of directors is in full support of this tender offer."
Polo Ralph Lauren Corporation
marketing@alchempro.com
