Ralph Lauren Statement Relating to Recent Media Reports in Indonesia

Rhea-AI Summary

Ralph Lauren (NYSE: RL) has issued a statement addressing recent media reports in Indonesia. The company clarifies that PT Manggala Putra Perkasa, operating under the name 'Polo Ralph Lauren Indonesia', is not affiliated with Ralph Lauren. The disputes reported in Indonesian media do not involve Ralph Lauren. The company currently does not directly operate any stores in Indonesia and has not authorized any partner to operate Ralph Lauren branded stores in the country.

Ralph Lauren sells its products in Indonesia only through certain third-party retailers. The company is aware of several third parties, including PT Manggala Putra Perkasa, who have registered trademarks similar to Ralph Lauren's in Indonesia. Ralph Lauren is committed to protecting its intellectual property rights and ensuring authentic products and experiences for consumers in the region.

Positive

• Ralph Lauren maintains control over its brand by selling only through authorized third-party retailers in Indonesia
• The company is actively addressing trademark infringement issues in Indonesia

Negative

• Unauthorized use of Ralph Lauren's trademarks in Indonesia may lead to brand confusion and potential loss of market share
• Lack of direct store presence in Indonesia limits Ralph Lauren's control over brand representation and customer experience

NEW YORK--(BUSINESS WIRE)-- Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “Ralph Lauren”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and other parties in Indonesia.

We would like to clarify that this company is not affiliated with or related to Ralph Lauren in any way and that these disputes do not involve Ralph Lauren.

Ralph Lauren currently does not directly operate any stores in Indonesia, nor has it authorized or entered into an agreement with any partner or distributor to operate any “Polo Ralph Lauren” or other “Ralph Lauren” branded store in Indonesia. To address the demands of our customers in Indonesia, we have been selling our products only via certain third-party retailers.

We are aware of several third parties, including PT Manggala Putra Perkasa, who have registered certain trademarks in Indonesia that are similar to Ralph Lauren’s trademarks. PT Manggala Putra Perkasa has also set up a subsidiary that is named “PT Polo Ralph Lauren Indonesia”.

We recognize that these trademarks and names are a source of confusion. Ralph Lauren is committed to taking every necessary measure to ensure that its copyrights, trademarks and other intellectual property rights are not violated, as part of its efforts to provide authentic products and experiences to consumers in the region.

ABOUT RALPH LAUREN

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of luxury lifestyle products in five categories: apparel, footwear & accessories, home, fragrances and hospitality. For more than 50 years, Ralph Lauren has sought to inspire the dream of a better life through authenticity and timeless style. Its reputation and distinctive image have been developed across a wide range of products, brands, distribution channels and international markets. The Company’s brand names – which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children and Chaps, among others – constitute one of the world’s most widely recognized families of consumer brands. For more information, visit http://investor.ralphlauren.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240716394606/en/

Corporate Communications:

rl-press@ralphlauren.com

Source: Ralph Lauren Corporation

FAQ

Is Ralph Lauren (RL) directly operating stores in Indonesia?

No, Ralph Lauren (NYSE: RL) currently does not directly operate any stores in Indonesia.

How does Ralph Lauren sell its products in Indonesia?

Ralph Lauren sells its products in Indonesia only through certain authorized third-party retailers.

Is 'Polo Ralph Lauren Indonesia' affiliated with Ralph Lauren (RL)?

No, PT Manggala Putra Perkasa, operating as 'Polo Ralph Lauren Indonesia', is not affiliated with Ralph Lauren (NYSE: RL) in any way.

What actions is Ralph Lauren (RL) taking to protect its brand in Indonesia?

Ralph Lauren is committed to taking necessary measures to protect its copyrights, trademarks, and other intellectual property rights in Indonesia to ensure authentic products and experiences for consumers.