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Stocks Coach Inc


  • HONG KONG, Dec 1- Online luxury jeweller Plukka is going door-to-door to beat the worst retail downturn in more than a decade in Hong Kong, where some of the world's most expensive commercial rents and plunging sales are corroding earnings of much larger rivals. This service, launched in Hong Kong and New York last month, could potentially shield Plukka from the...

  • Who will win this holiday? Here are a few clues Wednesday, 25 Nov 2015 | 10:00 AM ET
    A TJ Maxx employee and customer at a store in Washington, D.C.

    While the broader holiday sales picture isn't all merry and bright, for some retailers, that macro view really doesn't matter.

  • Pisani: Why luxury names fall when Macy's warns Wednesday, 11 Nov 2015 | 1:34 PM ET
    Pedestrians walking in front of Macy's in New York.

    It's understandable that Macy's stock is getting hit hard, but a lot of traders are scratching their heads over the big declines in luxury names.

  • Kors' shares soar as it plans fewer promotions Wednesday, 4 Nov 2015 | 10:54 AM ET
    A pedestrian passes by a Michael Kors retail store in New York.

    Michael Kors says it will dial back on the number of products in its North American department stores.

  • *2nd qtr sales $1.13 bln vs est. Earnings $1.01/ shr vs est. Nov 4- Handbag and accessories maker Michael Kors Holdings Ltd, one of hottest names in "affordable luxury," reported better-than-expected second-quarter sales and profit, helped by new offerings such as cross-body satchels and large wallets.

  • Ho-ho-hum holiday for handbags Tuesday, 27 Oct 2015 | 3:08 PM ET
    A shopper looks at handbags at Macy's in New York City.

    Multiple consumer surveys aren't boding well for the premium handbag market going into retail's most important time of year.

  • Wall Street on standby ahead of Apple, Fed Tuesday, 27 Oct 2015 | 9:05 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower on Tuesday as the Federal Reserve's two-day policy meeting gets underway and investors prepared for another mass of major corporate earnings.

  • Early movers: DD, F, MRK, PFE, CMCSA, BABA & more Tuesday, 27 Oct 2015 | 7:51 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Oct 27- Coach Inc reported better-than-expected first quarter profit, helped by demand for its Ace and Nomad handbags, a sign that the company's turnaround program is gaining traction. The company has been renovating its stores and refreshing styles under creative director Stuart Vevers in an attempt to win back market share from newer entrants like Michael...

  • Oct 27- Coach Inc, known for its Poppy handbags, reported its slowest fall in quarterly sales in more than two years, helped by a revival of demand in North America- the company's largest business by sales. Coach's net income fell to $96.4 million, or 35 cents per share, in the first quarter ended Sept. 26, from $119.1 million, or 43 cents per share, a year earlier.

  • Fed could be a snooze, but these reports will be big Friday, 23 Oct 2015 | 4:52 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Expectations are low that the Fed will provide any new policy insight next week, and focus should stay on economic reports and a flood of earnings.

  • Early movers: GM, BA, KO, SNDK, KMB, SBUX & more Wednesday, 21 Oct 2015 | 8:06 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE).

    Some of the names on the move ahead of the open.

  • HK's luxury shopping streets see rents plunge 40% Monday, 12 Oct 2015 | 8:07 PM ET

    China's impact on Hong Kong's luxury goods industry has deepened, with rent in the top shopping streets dropping by 40%, the FT reports.

  • Halftime Call of the Day: Shopping For Retail Stocks Wednesday, 7 Oct 2015 | 1:09 PM ET
    A shopper carries his purchases on Michigan Avenue in Chicago.

    Citi initiates coverage on the retail sector. The Halftime Report desk gives your their take.

  • *Drop in tourists from China hits sales. HONG KONG, Oct 2- Hong Kong retail sales fell for the sixth straight month in August as a drop-off in tourist arrivals from mainland China and its economic slowdown took a bite out of the luxury goods business. On Wednesday, Financial Secretary John Tsang told Reuters that Hong Kong is looking at a "new normal" economic growth...

  • Luxury brands can be their own worst enemy Thursday, 17 Sep 2015 | 11:36 AM ET
    Models walk the runway during the Betsy Johnson fashion show during NYFW Spring 2016 on Sept. 11, 2015.

    In some ways, luxury brands' discount strategies are making the market even more challenging.

  • 'Demonization of the rich' hurting luxury sales Tuesday, 15 Sep 2015 | 3:17 PM ET
    Models pose during the Kate Spade presentation at NYFW Spring 2016 on Sept. 11, 2015.

    The luxury goods market is facing several severe headwinds, from tumultuous U.S. markets to the "demonization of the rich."

  • Hot or not? The best and worst fashion stocks Wednesday, 9 Sep 2015 | 1:09 PM ET

    Ahead of Thursday's start to the spring fashion shows, here are the best- and worst-performing stocks with ties to the runways.

  • Coach said the store would close on Aug 31 but said it remained committed to the Hong Kong and China markets. Earlier this month, Coach said its mainland China sales grew 9 percent year-on-year to $595 million in fiscal 2015, but growth in Hong Kong and Macau was slower. "Sales growth in China was driven entirely by the mainland, as Hong Kong and Macau continued to...

  • Early movers: HD, WMT, DKS, URBN, BAM, MCD & more Tuesday, 18 Aug 2015 | 8:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.