A downgrade on Coach Inc. and investor reaction to a weaker earnings outlook from Michael Kors Holding Ltd. sent both stocks down at midday trading.
— May 27, 2015
Constant-currency comps at Kors Down 5.8 percent; at Tiffany up 1 percent.
The FTSE 100 and FTSE MIB led the uptick in morning trading on Wednesday.
Activist shareholders express satisfaction with actions taken by Perry Ellis and hold off on proxy fight.
— May 26, 2015
Investors on Tuesday morning were wary over Greece’s debt situation and Spain’s local election results.
It is difficult to overstate the crisis the American consumer faced at the onset of the Great Recession. Yet somehow over the past six years real household consumption managed to grow at an annual rate of 2.2 percent.
— May 25, 2015
The tech sector that stole the IPO buzz from fashion companies in 2014 is on track to do it again this year.
— May 23, 2015
In the consumer and retail space, the list of top 50 cash hoarders included Walgreens Boots Alliance Inc., Procter & Gamble, and Wal-Mart Stores Inc.
Robert Mettler and second independent director to join retailer’s board.
— May 22, 2015