Ralph Lauren has revealed a strategic plan designed to drive consistent revenue growth and shareholder return over the next three years.

The growth plan, named ‘Next Great Chapter: Drive’, focuses on three key drivers, including elevating lifestyle brand positioning, driving core product offerings, expanding high-potential categories, and scaling consumer ecosystem strategy across the top 30 cities.

The company said these growth drivers are underpinned and enabled by its core capabilities, which have been strengthened and enhanced in the last three years. 

“These strategic growth drivers are underpinned and enabled by the company’s core capabilities, which have been strengthened and enhanced in the last three years,” said president and CEO Patrice Louvet. 

“Our Next Great Chapter: Drive plan is grounded in this meaningful progress – building on our brand’s distinctive positioning and desirability; the enduring power of our products across lifestyle categories; and our expanding presence in key cities around the world.”

With the new strategy, the company expects revenue to increase at a compound annual growth rate of mid-single digits from FY26 to FY28. Operating margin is forecast to expand approximately 100 to 150 basis points by FY28.

In addition, the firm plans to return at least $2 billion on a cumulative basis through FY28 through its regular quarterly cash dividends and share repurchases.

In the first quarter of FY26, Ralph Lauren reported a 13.7 per cent increase in revenue. The company expects its revenue to increase by low to mid-single digits for the full year.