Fashion giant Polo Ralph Lauren Corp handed its chairman and chief executive a $5.4 million bonus last year compared to one of $3.5m in the previous year, the firm revealed Monday.

The New York-based company said in a corporate filing Ralph Lauren received an unchanged salary of $1m for the fiscal year to March 29 as well as stock options worth around $2.6m.

In May, the firm reported an adjusted fourth quarter profit of $76.1 m compared to $57m in the year-ago period thanks to higher wholesale and retail sales, better inventory management and increased efficiencies.