Equity Research on Coach Inc. and CROCS Inc. -- Footwear and Accessory Companies Working Hard
31 Mayo 2012 - 7:10AM
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Coach Inc. (NYSE: COH)
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Companies in the apparel footwear and accessories industry have
been a mixed bag of late. Luxury goods were relatively strong last
year but in the U.S., sales have slowed in 2012 as Europe's
economic woes persist and a stronger dollar has put a dent in
tourist spending. According to SpendingPulse, not including
jewelry, luxury sales gained 13 percent in the fourth quarter of
last year, but rose a mere 1.8 percent year-over-year in April. Get
your free reports on Coach Inc. and
CROCS Inc. at
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Nevertheless, luxury retailers appear to be looking to
capitalize on opportunities for expansion, both into new businesses
in established markets and new geographies. Coach Inc. has been
expanding its men's collection as well as growing its South
American presence following the opening of its first Brazilian
store last month. Brazil is a fast-growing economy, expected to
expand 3.5 percent this year with luxury sales estimated to
increase by around 20 percent. Coach Inc.
report is accessible for free by registering today at
http://www.shinesrooms.com/CoachInc310512.pdf.
Elsewhere in the footwear and accessories industry, CROCS Inc.
newly reported a 19.9 percent year-over-year increase in revenue
for the first quarter resulting in earnings of 31 cents per share,
higher than last year's 26 cents. The company, which has been
focused on expanding its range of styles which now number over 300,
recently launched a style blogger program to preview and present
new styles. CROCS Inc. report is accessible
for free by registering today at
http://www.shinesrooms.com/CROCSInc310512.pdf.
The two Textile - Apparel Footwear &
Accessories stocks research reports are available for free by
signing up now on www.shinesrooms.com.
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