Ralph Lauren pulling plug on Rugby

New York -- Ralph Lauren Corp. is shuttering its Rugby division, Crain’s New York reported.

The preppy-inspired Rugby brand, targeted at a young audience, was launched in 2004. It has 14 locations.

“We continue to believe that we can service the millennium Rugby customer with brands such as Denim & Supply and Club Monaco,” said Roger Farah, president and COO, on the company’s recent earnings call.