UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                                (Amendment No. 1)

                  Under the Securities and Exchange Act of 1934

                          POLO RALPH LAUREN CORPORATION

                                (Name of Issuer)

                 CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE

                         (Title of Class of Securities)

                                   731572 10 3

                                 (CUSIP Number)

                                  June 13, 2001

             (Date of Event Which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

         [_]      Rule 13d-1(b)

         [_]      Rule 13d-1(c)

         [X]      Rule 13d-1(d)


* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 2 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Ralph Lauren - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 29,802,449 (representing 28,802,449 shares of Class B SHARES Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A BENEFICIALLY Common Stock, and options representing the right to acquire 1,000,000 shares of Class A Common Stock at a OWNED weighted average price of $24.40625 per share) ----------------------------------------------------------------- BY EACH 6. SHARED VOTING POWER 14,477,572 (representing 14,477,572 shares of Class B Common REPORTING Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) PERSON ----------------------------------------------------------------- 7. SOLE DISPOSITIVE POWER WITH 29,802,449 (representing 28,802,449 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock, and options representing the right to acquire 1,000,000 shares of Class A Common Stock at a weighted average price of $24.40625 per share) ----------------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 14,477,572 (representing 14,477,572 shares of Class B Common Stock, par value $.01 per share, immediately conmvertible into an equal number of shares of Class A Common Stock) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 44,280,021(representing 43,280,021 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock, and options representing the right to acquire 1,000,000 shares of Class A Common Stock at a weighted average price of $24.40625 per share) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 58.1% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - --------------------------------------------------------------------------------

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 3 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) RL Holding, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 0 SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED 6. SHARED VOTING POWER 12,915,388 (representing 12,915,388 shares of Class B Common BY EACH Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) REPORTING ----------------------------------------------------------------- 7. SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 12,915,388 (representing 12,915,388 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,915,388 (representing 12,915,388 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 28.8% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 4 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) RL Holding Group, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 0 SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED 6. SHARED VOTING POWER 12,915,388 (representing 12,915,388 shares of Class B Common BY EACH Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) REPORTING ----------------------------------------------------------------- 7. SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 12,915,388 (representing 12,915,388 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,915,388 (representing 12,915,388 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 28.8% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON CO - --------------------------------------------------------------------------------

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 5 of 8 Pages - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) RL Family, L.P. - -------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_] (b) [_] - -------------------------------------------------------------------------------- 3. SEC USE ONLY - -------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER 0 SHARES BENEFICIALLY ----------------------------------------------------------------- OWNED 6. SHARED VOTING POWER 1,557,503 (representing 1,557,503 shares of Class B Common BY EACH Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) REPORTING ----------------------------------------------------------------- 7. SOLE DISPOSITIVE POWER PERSON 0 ----------------------------------------------------------------- WITH 8. SHARED DISPOSITIVE POWER 1,557,503 (representing 1,557,503 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) - -------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,557,503 (representing 1,557,503 shares of Class B Common Stock, par value $.01 per share, immediately convertible into an equal number of shares of Class A Common Stock) - -------------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_] - -------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.6% - -------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON PN - --------------------------------------------------------------------------------

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 6 of 8 Pages - -------------------------------------------------------------------------------- ITEM 1 - ------ (a) Name of Issuer Polo Ralph Lauren Corporation (b) Address of Issuer's Principal Executive Offices 650 Madison Avenue New York, New York 10022 ITEM 2 - ------ (a) Name of Person Filing (i) Ralph Lauren (ii) RL Holding, L.P. (iii) RL Holding Group, Inc. (iv) RL Family, L.P. (b) Address of Principal Business Office or, if none, Residence c/o Polo Ralph Lauren Corporation 650 Madison Avenue New York, New York 10022 (c) Citizenship (i) Ralph Lauren -- United States of America (ii) RL Holding, L.P. -- Delaware (iii) RL Holding Group, Inc. -- Delaware (iv) RL Family, L.P. -- Delaware (d) Title of Class of Securities Class A Common Stock, par value $.01 per share (e) CUSIP Number 731572 10 3 ITEM 3 If this statement is filed pursuant to ss.ss.240.13d-1(b) or - ------ 240.13d-2(b) or (c), check whether the person filing is a: (a) [_] Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o) (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c) (c) [_] Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c) (d) [_] Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 7 of 8 Pages - -------------------------------------------------------------------------------- (e) [_] Investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E) (f) [_] An employee benefit plan or endowment fund in accordance with ss. 240.13d-1(b)(1)(ii)(F) (g) [_] A parent holding company or control person in accordance with ss. 240.13d-1(b)(ii)(G) (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) (j) [_] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H) ITEM 4 OWNERSHIP - ------ See responses to Items 5, 6, 7, 8, 9, and 11 of Cover Pages. ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS - ------ If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [_]. ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER - ------ PERSON Not applicable ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH - ------ ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON Not applicable ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP - ------ Not applicable ITEM 9 NOTICE OF DISSOLUTION OF GROUP - ------ Not applicable ITEM 10 CERTIFICATIONS - ------- Not applicable

- -------------------------------------------------------------------------------- CUSIP No.731572 10 3 13G Page 8 of 8 Pages - -------------------------------------------------------------------------------- SIGNATURE --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 13, 2002 /s/ Ralph Lauren ---------------------------------- RALPH LAUREN RL HOLDING, L.P. By: RL Holding Group, Inc., its General Partner By: /s/ Ralph Lauren --------------------------- Name: Ralph Lauren Title: Chairman RL HOLDING GROUP, INC. By: /s/ Ralph Lauren -------------------------------- Name: Ralph Lauren Title: Chairman RL FAMILY, L.P. By: /s/ Ralph Lauren -------------------------------- Name: Ralph Lauren Title: General Partner