Ralph lauren corp says ralph lauren will forego his entire salary for fiscal year 2021

Ralph lauren corporation provides business update on covid-19.ralph lauren corp - ralph lauren, will forego his entire salary for fiscal year 2021.ralph lauren corp - president & chief executive officer, patrice louvet, will reduce his salary by 50% during crisis..ralph lauren corp - board of directors will forego their quarterly cash compensation for q1 of fiscal 2021..ralph lauren corp - ralph lauren will forego his full fiscal year 2020 bonus..ralph lauren corp - store employees in north america will continue to be paid in full through april 11, 2020.ralph lauren corp - following april 11, store employees where retail operations are suspended will be placed on unpaid temporary furlough.ralph lauren corp - furloughed employees will continue to receive regular employee benefits.ralph lauren- international store employees in regions where retail operations remain closed will receive compensation as guided by local governments.ralph lauren corp - encouraged by improving situation in china and south korea, where most of co's retail stores have reopened.ralph lauren corp - digital flagship businesses remain open and fulfillment operations have also resumed.ralph lauren corp - co will settle payment for finished goods and goods already in production..ralph lauren corp - other members of executive and global leadership team will reduce their salaries by 20% for q1 of fiscal 2021..
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