The problems at Ralph Lauren centered on misconduct at its Argentine subsidiary, which over a four-year period paid customs officials about $593,000 in bribes to import the company’s goods into the country. The illegal payments allowed the company to avoid customs inspections and related paperwork. A number of Argentine government officials were also given gifts, including the company’s coveted Ricky handbag, which today retails for as much as $22,500.

via Ralph Lauren Pays $1.6 Million to Resolve Bribery Case – NYTimes.com.