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"We haven't been feeling direct political pressure, but definitely feel the social pressure of this moment," Hoge said.
S.During the closures, the company cut expenses by furloughing its employees.
Company chairman Ralph Lauren also waived his 2021 salary, while CEO Patrice Louvet has taken a 50% pay cut.Get Breaking News Delivered to Your Inbox Louvet said in a statement Tuesday that the coronavirus pandemic played a major role in the company's plan to reorganize and shed staff.
"The changes happening in the world around us have accelerated the shifts we saw pre-COVID, and we are fast-tracking some of our plans to match them – including advancing our digital transformation and simplifying our team structures," Louvet said.
Retail stores face uphill battle during pande..
01:57 Ralph Lauren reported a combined $183 million in income losses in its two most recent earnings statements.Trending News Teacher's elevator death blamed on human error Fights erupt between pro-Trump caravan and protesters in NYC Parents of missing Florida woman determined to solve case "Murder hornets" destroyed as officials search for more nests Expensify emails its customers telling them to vote for Biden The first rain bands from Beta reached the Texas coast on Sunday, but the heaviest rain wasn't expected to arrive until late Monday into Tuesday.
In low-lying Galveston, which has seen more than its share of tropical weather over the years, officials didn't expect to issue a mandatory evacuation order but they advised people to have supplies ready in case they have to stay home for several days if roads are flooded."We're not incredibly worried," Galveston resident Nancy Kitcheo said Sunday.
Kitcheo, 49, and her family had evacuated last month when forecasts suggested Hurricane Laura could make landfall near Galveston, but they're planning to buy supplies and wait out Beta.Laura ended up making landfall in neighboring Louisiana.
Kitcheo, whose home is 18 feet above the ground on stilts, said she expected her street to be impassable as water from rising tides was already flooding neighboring roadways on Sunday.