CANBERRA, Oct 3- Australian shares are set to open higher on Wednesday, extending recent gains after the Reserve Bank of Australia cut its main cash rate, although uncertainty over Europe's debt crisis and China's growth will still weigh on investor sentiment.
Michael Kors Holdings stock has nearly doubled this year, outperforming other high-end and luxury brands like Tiffany and Coach.
Three stocks — Tiffany, Coach and Fossil — are worth shorting, Active Bear Fund Portfolio Manager Brad Lamensdorf told CNBC on Tuesday.
Discount retailer Target hit the bull's-eye with its better-than-expected earnings report and subsequent stock rise on Wednesday. One analyst thinks the discount retailer still has room to run.
Jim Cramer’s researcher, Nicole Urken, takes a look at what has been behind some of the top surges during earnings season.
Last time a sell-off of this magnitude was an opportunity, says trader Guy Adami. But give the stock a day to settle.
While the average retailer in the U.K. ran discounts in the 30-50% range during June/July clearance period, the Abercrombie brand stubbornly stayed on the sidelines.
With the Jubilee followed by the Olympics it is good to be British this year. So does that must mean its good to be a retailer in the U.K. this year? Not exactly.
After Coach's lackluster quarter, could trouble be brewing in the US retail space? The "Mad Money" host offers his perspective.
Stocks closed out another quiet session with modest losses, as investors maintained a wait-and-see approach to the Federal Reserve policy decision tomorrow and the ECB meeting on Thursday.
CNBC's Robert Frank reports on how the wealthy are spending; and can Coach sell its high-end products in a market where high-end buyers aren't spending cash? Lew Frankfort, Coach chairman and CEO, weighs in.
While Coach takes a Tuesday beating in the stock market, one analyst said mainstream American women are key to regaining high-end profits.
The Fed kicks off a two-day meeting on Tuesday and the market is buzzing with anticipation that the central bank could take action—or at least lay some groundwork.
Take a look at some of Thursday's midday movers:
Luxury retailer Burberry released lower-than expected earnings results on Wednesday, adding to growing anxiety about China’s impact on the sector. Despite this, one analyst sees bright spots in high-end retail.
Investors in the retail space might do well to think twice about picking luxury brands right now, “Mad Money” host Jim Cramer said Wednesday.
Take a look at some of Wednesday's midday movers:
Overall, retailers' June sales are concerning. Back-to-school is the second biggest "season" for retail after the Christmas holidays, and it's just around the corner. Many analysts think retailers will have to offer aggressive promotions to win consumer dollars. A number of retail analysts even took the step of downgrading retail stocks based on their concerns about a pullback in consumer spending.
A new study shows that 39 percent of luxury shoppers won't pay for premium brands with high ethical standards.
Conflicting reports out of China continue to keep luxury investors wondering if the "immune" part of retail is about to crack.