Had you bought the worst S&P 500 stock each month this year and sold at the end of the month, you would have lost 85%, USA Today reports.» Read More
April 29- Coach Inc reported a sharp drop in North American sales on Tuesday as the upscale leather goods maker continued to lose ground to fast-growing rivals. Overall revenue fell 7.4 percent to $1.1 billion in the third quarter ended March 29.
FMHR trader Stephanie Link sees further growth opportunities internationally for Coach going forward, while Joe Terranova doesn't think there's enough global exposure to make up for the decline in the U.S.
Investors will navigate a Fed meeting, an earnings flood, and significant economic data, but traders agree global tensions will continue to dominate the market.
Citi analysts evaluated the two popular handbag labels to determine which offers more upside to investors.
As more brands flock to the off-price model, one analyst cautions that outlets could be losing a bit of their luster.
Barclays initiated coverage on the U.S. luxury sector on Monday, saying it's bullish on the category's accessible positioning.
Some of Friday's midday movers:
*Hong Kong receipts gain 7 pct vs 3 pct rise for Tokyo shares. *Japan's SBI Holdings to delist in Hong Kong on low volumes. HONG KONG, March 5- Uniqlo owner Fast Retailing Co Ltd climbed 7 percent in its Hong Kong trading debut- a listing aimed at raising its profile in China where it plans to expand aggressively as part of its bid to become the world's top clothing firm.
HONG KONG, March 5- Fast Retailing Co Ltd jumped 4 percent in its Hong Kong trading debut on Wednesday as the operator of Japan's Uniqlo clothing outlets listed in the island city in an effort to boost its profile in mainland China and beyond.
Kate Spade intends to remain focused on its core product line, CEO Craig Leavitt says.
Feb 25- Fifth& Pacific Cos Inc's revenue jumped 22 percent in the holiday quarter as its trendy kate spade handbags proved a hit with shoppers. Shares of Fifth& Pacific, which said earlier that it would change its name to Kate Spade& Co, will trade under the new "KATE" symbol from Wednesday on the New York Stock Exchange.
CNBC's Krystina Gustafson discusses how Coach will partake in NYC fashion week in an effort to better compete with its more fashion-forward competitors such as Michael Kors and Kate Spade.
Coach is making its debut at New York Fashion Week, in an effort to woo shoppers back from its more fashion-forward competitors.
Shares of Michael Kors surged Tuesday after it topped analysts' earnings forecasts, but other retailers will struggle to follow suit.
Much has changed over the past 25 years when it comes to retail. Here is a look at those who have changed the way people shop.
Feb 4- Michael Kors Holdings Ltd reported a better-than-expected rise in quarter results and raised its sales and profit forecast for the year as the demand for its trendy handbags, watches and accessories showed no sign of slowing.
With 20 percent of the S&P 500 reporting so far, CNBC took a look at what words top executives are using (over and over) to talk about their numbers.
If there’s one thing Wall Street hates its surprises. And it just got a dilly.
Sometimes moves in the market just don’t seem to make sense. Cramer takes a closer look.
U.S. stocks traded mixed Wednesday as Wall Street appraised results.