Online sales surge helps Ralph Lauren recover in China
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(Reuters) - Ralph Lauren Corp said on Wednesday a surge in online shopping was helping it get back on track in China and putting it on course for a recovery from the financial damage wrought by the COVID-19 lockdowns in other markets as well.Online sales in China, a crucial growth market for luxury goods companies, jumped 76% in the fourth quarter. The New York-based company said it expanded the number of stores that could fulfill online orders in the country during the pandemic and rolled out..