"We have decided not to renew our license agreement with Sara Lee for Ralph Lauren Intimates as we further focus the Ralph Lauren women's brand on luxury product categories," Doug Williams, group president, global business development, Polo Ralph Lauren.

"Sara Lee Branded Apparel has enjoyed its association with Polo Ralph Lauren," said Paul J. Lustig, executive vice president of Sara Lee Corporation and chief executive officer of global apparel operations. "We are very pleased to be extending our relationship for men's underwear and respect their decision to discontinue the women's intimate apparel license. We are committed to servicing the women's business through the spring season."