Why Ralph Lauren Stock Is Out of Fashion on Wall Street

First, this news of the rich and famous: Just days ago, billionaire fashion baron Ralph Lauren gave a custom-made, baby bomber jacket to Saint West, the 2-month-old son of Kanye West and Kim Kardashian. Lauren even enclosed a handwritten gift card. In conjunction with releasing its fourth-quarter earnings report for 2015, Ralph Lauren Corp. (ticker: RL) saw its stock get hammered — or if you prefer, dashed on the head with a polo mallet.

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Why Ralph Lauren Stock Is Out of Fashion on Wall Street

80s-inspired fashion show draws four-legged models

Among this year's models was Asiago, a 10-year-old Yorkshire Terrier who was given up by his owner to a no-kill shelter that is part of the Alliance. Asiago was presented in an elaborate hand-built carriage and shown by Stephanie Mattera, a spokeswoman for the alliance.

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80s-inspired fashion show draws four-legged models