Goldman Sachs adds Ralph Lauren (RL +4.1%) to its Conviction Buy List, seeing upside potential...

|About: Ralph Lauren Corporation (RL)|By:, SA News Editor

Goldman Sachs adds Ralph Lauren (RL +4.1%) to its Conviction Buy List, seeing upside potential for shares as inflation costs recede and Asia expansion looks promising. The take on RL follows a bullish theme (I, II, III) across the luxury retail sector - largely viewed as relatively unfazed by a slumping global economy and discounting headaches.