Rag & Bone brand has decided to lower the prices because of the COVID-19 crisis. The founder of the brand, Marcus Wainwright wrote an open letter to the customers, saying that "This is a crazy time and at rag & bone we have had to adjust like everyone else. We are doing our best to navigate our way through this, acknowledging that we need to do all we can to support and protect our employees, our company and our customers. To that end we have decided to lower our retail prices across the board until this is over, or until we are allowed out of our homes and back to work."
Rag & Bone
Market Segment
Bridge
Core Business Apparel
Core Business Apparel
Rag & Bone Financial Report 2018
Income Statement Trend
Net Sales
It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.
Operating Margin
Rag & Bone, Inc. doesn't provide the Operating Margin figure for Rag & Bone.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
Income Statement Highlights
| in Thousands of USD | 2017 | 2012 | Δ 2017/2012 | 2011 | Δ 2012/2011 | CAGR |
|---|---|---|---|---|---|---|
| Net Sales |
Rag & Bone, Inc. Financial Report
Income Statement Trend
Total Revenue
It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.
Operating Margin
Rag & Bone, Inc. doesn't provide its Operating Margin figure.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
Income Statement Highlights
| in Thousands of USD | 2017 | 2012 | Δ 2017/2012 | 2011 | Δ 2012/2011 | CAGR |
|---|---|---|---|---|---|---|
| Total Revenue |
Balance Sheet Highlights
| in Thousands of USD | 2017 | 2012 | Δ 2017/2012 | 2011 | Δ 2012/2011 | CAGR |
|---|
Official Websites
Rag & Bone website
Rag & Bone ecommerce
Official Social Media
Brand Description
Establishment
Year
2002
City
Kentucky
Country
United States
Founder
David Neville
Marcus Wainwright
Designers
David Neville
2002 - Present
Marcus Wainwright
2002 - Present
Profile
Founded in 2002, rag & bone had one very clear vision in mind: to make clothes that they and their friends would love to wear every day. With no formal fashion training, Marcus Wainwright & David Neville set about learning how to make jeans. They believed that denim represented the history, authenticity and fundamentals of classic work wear that they would strive to reflect in their designs.
Beginning in Kentucky, rag & bone surrounded themselves with people who had been making patterns, cutting fabric and sewing their whole lives. Working with these kinds of craftsmen taught them the importance of quality, craftsman-ship and attention to detail early on.
These principles soon became the keystones of the rag & bone philosophy, the definition of what clothing can and should be. With these principles in mind, whenever possible rag & bone produces the majority of their garments in U.S. factories that still sew clothes the same way they did 50 years ago.
rag & bone is a lifestyle brand, offering men's, women's, footwear and accessories collections which are available at high end boutiques and exclusive department stores worldwide rag & bone also operates four flagship stores, men's and women's, on Christopher Street in NYC's West Village, as well as a SoHo shop at 119 Mercer Street.
Business Strategy
Core Business
Apparel
Target
Men
Women
Product Categories
Accessories
Active Wear
Apparel
Bags
Denim
Shoes
Rag & Bone, Inc. profile
Telephone
+1 212 278 8214
Fax +1 212 278 8242
Date of foundation 2002
Type of Company Private
Fax +1 212 278 8242
Date of foundation 2002
Type of Company Private
Headquarters
Ownership (Top Shareholders)
Rag & Bone, Inc. doesn't provide the information on its shareholders.
Rag & Bone, Inc. Brands
Rag & Bone Latest News
Rag & Bone brand has decided to lower the prices
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