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In the case segments, wholesale sales increased 24% to $983 million inside the fourth quarter, fueled by broad-based development of south america, including strong interest in accessories, the contribution over the newly transitioned Chaps mens sportswear operations, and double-digit surge in Europe. Retail sales increased 5% to $845 million from $805 million driven by boost in international operations and global store expansion, including newly transitioned operations for all of aussie and Nz. Retail sales to get the year were also driven by double-digit development of e-commerce. Licensing revenues of $39 million inside of the fourth quarter was down 10% as mid-single-digit surge in licensing revenues for Ralph Lauren products was around offset by lower revenues via the Chaps and Australia and New Zealandhttp://ralphlaurenaustralia.miditech.org
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A smaller than expected outlook dragged shares down as Ralph Lauren forecast revenue development of 3%C5% for fiscal 1Q15, inside of the consensus estimate of 10% growth. It expects revenue involving 6%C8% for whole of fiscal 2015. The management said across the earnings call when the key issues with concentrate fiscal 2015 include global retail development, infrastructure investments and increased promotional.Polo Shirts Australia
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