THE FIGURES: A 6.1 percent decline in profits, although the retail side turned in the best performance ever. For full story, see page 2.
THE FEUD: Ralph Lauren is squaring off with Jones Apparel Group in what the fashion world loves best: a good old-fashioned feud. For the latest developments, see page 14.
THE FRAGRANCE: Polo is launching its new Purple Label fragrance (right) this spring with plans to do $5 million at retail in the first year. See page 7.