Income improved 77 per cent to $31,712,000 ($.56) versus $17,905,000 ($.32), helped by tight expense controls and a $5-6 million pre-tax benefit from the sale of former subsidiaries in Russia and Switzerland. Every operating division exceeded its internal profit plan. But revenues declined 2 per cent to $769,829,000 from $785,784,000 for the period ended Mar. 31. By segment, Ralph Lauren (+11%, $27.3 million) and international (+2.7% and +8.5% in constant $, $325.6 million) posted gains. Negative sales trends occurred within U.S. footwear and ... Log in to view full article.