Business Valuation of Polo Ralph Lauren Corporation - Mark Moore ...

Distribution is accomplished at a domestic and international level with methods includingretail, wholesale, online, and in stores.Competitors:Tommy Hilfiger Corporation (THC), through its subsidiaries, designs, sources andmarkets men's and women's sportswear, jeans wear and children’s wear under theTommy Hilfiger trademarks. Through a range of strategic licensing agreements, theCompany also offers related apparel, accessories, footwear, fragrance and homefurnishings. Its products can be found in department and specialty stores throughout theUnited States, Canada, Europe, Mexico, Central and South America, Japan, Hong Kong,Australia and other countries in the Far East, as well as the Company's own network ofspecialty and outlet stores in the United States, Canada and Europe. The Companypositions its apparel collections under three primary labels: H Hilfiger, Tommy Hilfigerand Tommy. THC is engaged in three segments: Wholesale, Retail and Licensing.Liz Claiborne Inc. (LIZ) designs and markets branded women's and men's apparel,accessories and fragrance products. The Company operates in three business segments,such as Wholesale Apparel, Wholesale Non-Apparel and Retail. Its portfolio of brandsincludes most apparel and non-apparel categories, reaching consumers of various age,gender, size, attitude, shopping or value preference. These products range from classicand traditional apparel to modern and contemporary wear. The Liz Claiborne's brands areavailable at over 30,000 different retail locations throughout the world, including theCompany's own specialty retail and outlet stores, and on its e-commerce sites. During2004, the international sales represented 24.4% of the Company's total sales.The Gap, Inc. (GPS) is a global specialty retailer selling casual apparel, accessories andpersonal care products for men, women and children under a variety of brand names,including Gap, Banana Republic and Old Navy. The Company's markets consist of theUnited States, Canada, Europe and Japan. Gap sells its products through both traditionalretail stores and online stores. During the fiscal year ended January 31, 2004, the8