The terms of the contract allowed Ralph Lauren to sell Olympics-branded clothing, with about 10% of its sales going to the U.S. Olympic Committee - now the U.S. Olympic & Paralympic Committee - in royalties, The Wall Street Journal reported at the time.

According to the original terms of the contract, Ralph Lauren reportedly pays the U.S. Olympic Committee around 10% in royalties on the sale of these products. Ralph Lauren also likes to take advantage of the Olympic spotlight to showcase its tech-forward clothing.

Polo Ralph Lauren The official outfitter for Team USA is Polo Ralph Lauren. They design the attire worn in both the opening and closing ceremonies, as well as the village wear for everyday use during the Games.

Ralph Lauren Ralph Lauren unveils Team USA's opening Olympic uniforms.

Ralph Lauren is known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. Known mostly for its flagship brand Polo Ralph Lauren, the company's brands include mid-range, sub-premium, and premium labels up to its highest priced luxury Purple label apparel.

In addition to the Olympic and Paralympic Institutional marks, we are building the Team USA mark as a standalone and separate brand.

Ralph Lauren The uniforms include new warming technology.

Colorado Springs CO Team USA | Colorado Springs CO.

Ralph Lauren clothing became so popular due to the "lifestyle" aspect of it. The brand exudes a luxury image and is very high quality. They also offer different lines as to cover multiple levels of style and price points. The clothes are not a reproduction of Brooks Brothers- they are higher end and less basic.

Polo Shirt Because in the 50 years since Ralph Lauren's Polo Shirt first came to market, it's permeated almost every facet of American culture. It's been worn by prepsters and politicians, super models and school kids, rockstars and rappers.

"Team USA" or "Team United States" is the official designation of the team representing the United States in several international golf competitions: Ryder Cup, a professional men's event pitting Team USA against Team Europe.

Opening Ceremony is a fashion brand founded in 2002 by fashion designers Carol Lim and Humberto Leon. The brand designs and creates its own products and also retails other emerging fashion labels. Opening Ceremony is known for exotic runway shows and advocating global issues.

Other than referring to it as the USMNT, the US National Team doesn't happen to have an official nickname, though the “Yanks” and the “Red, White and Blue” have been used at times throughout the years.