Ralph Lauren posts bigger-than-expected loss as lockdowns hammer sales

(Reuters) - Ralph Lauren Corp posted a bigger-than-expected quarterly loss on Wednesday as stores across the world that sell its jackets, coats and Polo shirts were forced to close due to the COVID-19 pandemic.Shares of the New York-based company, which have fallen over 30% so far this year, fell 2.5% in premarket trading. Fashion capitals in Italy, France and the United States halted business activity through much of March and April to help curb the spread of the virus, hammering sales of..