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2023-09-19 14:18:51 ET U.S. consumer demand for softgoods — clothing, outerwear, and linens — is weaking, according to UBS Evidence Lab’s industry outlook, published Tuesday. UBS September market research showed that consumer spending intentions for softgoods for th...
2023-09-09 08:56:39 ET More on retail stocks Meet the new JCPenney: Remodels, tech upgrades are part of the department store revival plan The next headache for retail - overtime pay rules may be changed Retail heavyweights Walmart and Target are sized up after earnin...
2023-08-31 09:55:39 ET Summary G-III Apparel Group's recent financial performance has been disappointing, with a drop in revenue and profits year-over-year. However, the company's management remains optimistic about the future and expects improvements in the current new year. ...
2023-08-30 17:50:20 ET Summary PVH Corp.'s share price movement has been underwhelming in the past months, but its Q2 2023 figures indicate that an upside is likely now. Last year's outlook downgrades and poor EPS performance were a real downer, but it has met its targets now and ...
2023-08-29 10:07:59 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips The stock market has primarily been on a tear this year. Year-to-date, the S&P500 and the Nasdaq indices have risen 14.75% and 35.44%, respectively. This expec...
2023-08-23 15:24:04 ET More on Markets SEC adopts new, stricter rules for hedge funds, private equity firms New COVID variant can cause infection in those previously vaccinated - CDC Megacap stocks setting up for potential breakout - Wells Fargo For further d...
2023-08-23 14:18:07 ET Summary Tapestry's strategy of improving its tarnished Coach brand was appealing a decade ago. However, 10 years later, Louis Vuitton and LULU were the frontrunners in the luxury brand arena, while Tapestry, Ralph Lauren, Capri, and Burberry struggled. T...
2023-08-20 20:52:37 ET Summary Ralph Lauren has seen strong revenue growth in Europe and Asia, offsetting lower sales in North America. The company continues to show an attractive quick ratio and P/E ratio. The stock is in a good position to see a rebound if the appetite for N...
2023-08-16 04:31:25 ET Summary Ralph Lauren's stock price has dropped 5% in the past week, coinciding with the release of its Q1 FY24 earnings report. The company's revenue growth in Q1 FY24 was slow, but it saw an encouraging margin expansion. The outlook for the company indi...
2023-08-11 12:52:04 ET Summary Tapestry, Inc. agreed to acquire Capri Holdings Limited in an all-cash deal valued at $8.5 billion, causing shares of Capri Holdings to soar and shares of Tapestry to plummet. The deal will unite six leading fashion brands and generate around $12.1 b...
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Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “ Ralph Lauren ”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and o...
2024-07-02 15:15:06 ET UBS analyst issues UNDERPERFORM recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Underperform. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...
2024-07-02 15:15:05 ET Wells Fargo analyst issues BUY recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Buy. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...