But Ralph Lauren in particular has struggled to match its sales with its stockpiles of clothing and accessories.
Over the past three years its sales rose by 7%, but its stock levels increased by 26%. The disparity forced the company to offer discounts that dented the brand's allure with some customers.
Ralph Lauren, known for its polo player logo, said it will focus on its most popular brands: Ralph Lauren, Polo and Lauren.
The company was also attempting to reduce the time it took to make an item from 15 to 9 months in a bid to better reflect demand.