“We are in the midst of transforming our presence in China, a region that we believe will become an important driver of growth for us over the long term,” Ralph Lauren said in 2012 after the fashion conglomerate of which he was then CEO announced plans to open 60 stores in greater China by 2015.
A year later, Ralph Lauren launched its first men’s flagship store in Asia in Landmark Prince’s in Central, and in October 2014 it unveiled an enormous “mansion”…