More Upside as Ralph Lauren, Coach Set Highs?

UBS analyst Michael Binetti said Ralph Lauren, which reported better-than-expected results for its fiscal third quarter, were gaining traction in handbags and footwear, as well as taking share in the U.,cheappaneraiwatcheswholesale can offer you wholesale pricing on name brand designer.S. apparel market and growing internationally.

"They've really invested heavily in the brand over the last 10 years," he said. "That is starting to bear fruit for them."
The luxury sector appeared weakened last month after Tiffany [TIF 64.01 -0.63 (-0.97%) ] trimmed its full-year guidance, but Binetti said that outlook was company-specific. Ralph Lauren looked strong, he added, even in Europe, where the company saw a growth rate in the teens and it was buying back licenses.

"They've really got a hell of a good growth opportunity around the world at this point compared to their peer group," he said.

Coach,,travellingbagfactory and water purifier sales environment search.burberryhandbags is proudly powered by WordPress and WPMU Theme pack. too, looked strong, Binetti said, noting that the company was expanding in China.
One challenge was a slowdown in its factory outlets in the United States.

"Otherwise, they've got a really great story," he said.
Ralph Lauren gained more than 9 percent, closing at $171.49 per share after pulling back from its all-time high of $178.47.

Coach stock gained more than 1 percent to close at $73.21 per share; eariler it set a new high of $74.You can find all the goodhermesbirkin you need here.21.

Veracruz founder Steve Cortes said retail might be a good play for some investors.
"If you're bullish the market broadly, I think you should be long these names because you actually tend to get a higher beta version of the S&P being long them," he said. I will say, on the bearish side, what worries me the most about the retail sector is the performance of Amazon [AMZN 185.48 1.29 (+0.7%) ],This miumiuhandbags in berlin is one of the most renowned watches in the world. which really used to be best in breed. It's a company I still like fundamentally, but the technical have really broken down there."