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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

      Date of report (Date of earliest event reported)   March 29, 2007


                          POLO RALPH LAUREN CORPORATION
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             (Exact Name of Registrant as Specified in Its Charter)


                                    DELAWARE
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                 (State or Other Jurisdiction of Incorporation)


         001-13057                                    13-2622036
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    (Commission File Number)               (IRS Employer Identification No.)


  650 MADISON AVENUE, NEW YORK, NEW YORK                          10022
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 (Address of Principal Executive Offices)                      (Zip Code)

                                 (212) 318-7000
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              (Registrant's Telephone Number, Including Area Code)

                                 NOT APPLICABLE
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          (Former Name or Former Address, if Changed Since Last Report)

      Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (SEE General Instruction A.2. below):

      |_|   Written communications pursuant to Rule 425 under the Securities Act
            (17 CFR 230.425)

      |_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act
            (17 CFR 240.14a-12)

      |_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
            Exchange Act (17 CFR 240.14d-2(b))

      |_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
            Exchange Act (17 CFR 240.13e-4(c))

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ITEM 8.01.    OTHER EVENTS.

         Polo Ralph Lauren  Corporation's press release,  dated March 29, 2007,
regarding its  announcement  of the  completion of the  acquisition  of the 50%
ownership  interest  of  Ralph  Lauren  Media,  LLC  held by  NBC-Lauren  Media
Holdings,  Inc. (a subsidiary  wholly owned by NBC Universal)  and  ValueVision
Media,  Inc.  is attached  hereto as Exhibit  99.1 and  incorporated  herein by
reference.



ITEM 9.01.    FINANCIAL STATEMENTS AND EXHIBITS.

         (a)  Financial Statements of Business Acquired.

              Not applicable.

         (b)  Pro Forma Financial Information.

              Not applicable.

         (c)  Shell Company Transactions.

              Not applicable.

         (d)  Exhibits.

              EXHIBIT NO.          DESCRIPTION
              -----------          -----------

              99.1                 Press Release, dated March 29, 2007






                                   SIGNATURES

         Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                       POLO RALPH LAUREN CORPORATION


Date:  March 29, 2007                  By: /s/ Tracey T. Travis
                                           ------------------------------------
                                           Name:   Tracey T. Travis
                                           Title:  Senior Vice President and
                                                   Chief Financial Officer






EXHIBIT INDEX

99.1        Press release, dated March 29, 2007