Urgent.News

What's breaking now, across thousands of outlets.

Business

Ralph Lauren, the American fashion dream

His polo shirts, ties and jackets have made him the richest designer in the world. Read

Translated from Spanish Read in Spanish

Ralph Lauren, the American fashion dream

Ralph Lauren, a renowned fashion designer, has maintained his relevance in the industry for decades by anticipating and setting trends. His eponymous company, with a market capitalization of over $20 billion, has made him one of the wealthiest designers, with a net worth of $15.5 billion. Born Ralph Lifshitz in 1939 in the Bronx, New York, to Jewish immigrant parents, he changed his name as a teenager and developed an interest in fashion at a young age.

Lauren's big break came when Bloomingdale's agreed to sell his designs, and he went on to launch his own label, Polo, which became a symbol of status and style. He stepped down as CEO in 2015 and now enjoys his life at his Colorado ranch, Double RL.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Tokenized real estate investment offers double-digit returns

Reental, the Spanish real estate tokenization platform, has signed an agreement with Estating, to tokenize investment in hotels and they expect returns of 18%.

  • Spanish real estate tokenization firm Reental partners with Estating fintech
  • Tokenized hotel investments aim for 18% annual returns
  • Lower entry requirements enable smaller investors to participate

Opportunity in the industrial sector

The XLI ETF, which replicates the sector, is as oversold as it was at the worst point in 2025. Read

  • Industrial sector shows potential rebounds, XLI overbought like 2025 peak
  • Aerospace and defense dominate XLI, comprising over 50% of its weight
  • Caterpillar surged 300% from April 2025 lows to June peaks, near $660 support

More from Friday 23 October →