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Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks
Thursday, July 11, 2024 - 12:38pm | 621Travel, especially abroad, has historically been a luxury for most Americans. Despite a tightening labor market and uncertain economic conditions, the number of households traveling abroad has soared nearly 30% as households build wealth. The number predictably fell in 2020 and 2021 during the...
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Luxury Retail Having An Exquisite Q3 Thus Far
Thursday, November 10, 2016 - 5:05pm | 583Luxury retailers are reporting better-than-expected quarterly earnings amid challenging retail landscape and tourism headwinds. Earnings of Kate Spade & Co (NYSE: KATE) and Ralph Lauren Corp (NYSE: RL) have topped the Street, while Coach Inc (NYSE: COH)’s earnings came in line. The Lux...
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Here's All Of CLSA's Ratings On Specialty Retail
Thursday, September 29, 2016 - 2:37pm | 576Initiating coverage on the specialty retail, luxury and apparel sectors, CLSA said it is a dog's fight for dollars, as categories decelerate or shrink, each for different reasons. Consumers Vibrant Analyst Rick Patel noted that the U.S. consumers are alive and kicking, with the jobless rate...
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Michael Kors Vs. Coach, Purse For Purse
Thursday, July 10, 2014 - 4:45pm | 921A popular debate, currently brewing in social media, is the comparison of the luxury brand retailers Michael Kors Holdings (NYSE: KORS) and Coach (NYSE: COH). Historically Kors has been satisfying its shareholders with hefty returns since the company's IPO back in 2011, while Coach has been...