Ralph Lauren liquidates two Irish companies as part of legal structure reorganisation

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Ralph Lauren liquidates two Irish companies as part of legal structure reorganisation
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Luxury fashion retailer Ralph Lauren is liquidating two Irish companies it set up in 2015 that have been used to channel more than $1.7bn in cash to the Netherlands and US

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Ralph Lauren, the fashion retailer, is liquidating two Irish companies it set up in 2015 that have been used to channel more than $1.7 billion in cash to the Netherlands and US.

The company has said the liquidation of the two Irish entities, which have paid €81,390 in corporation tax since they were established, is part of a plan to reorganise Ralph Lauren Group’s legal structure worldwide.

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