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Hong Kong Retail Sales: Negative Headwinds Persist

2015-07-01 14:33:58| Jewelry - Topix.net

Hong Kong reported May retail sales that were essentially flat y/y, slightly better than the -2% decline expected by the consensus but nonetheless highlights the weakness of Chinese tourism and the impact of a rising USD. As such, jewelry and luxury consumer goods will continue to face headwinds and this should be a negative read-through to Tiffany's , Coach , Michael Kors and Kate Spade .

Tags: sales hong kong negative

 

Zuoan FY earnings slide on economic headwinds

2015-06-15 19:04:00| Daily apparel & textile news and comment - from just-style.com

Chinese casual men's wear retailer Zuoan Fashion saw its earnings and sales both fall last year as the company was hit by competition and slowing economic growth.

Tags: economic slide earnings headwinds

 
 

Prada Q1 earnings slide on Asia headwinds

2015-06-12 17:04:27| Daily apparel & textile news and comment - from just-style.com

Italian fashion house Prada saw earnings in its first-quarter slide as the company faced headwinds and difficult market conditions in Asia Pacific.

Tags: asia slide earnings prada

 

V.F. Corp. - 25% Upside Potential Despite Short-Term Currency Headwinds

2015-06-09 12:04:01| Apparel - Topix.net

I find that V.F. Corp's fair value is $88 per share, representing a 25% upside potential for this stock. A couple of weeks ago, I wrote an article covering apparel company V.F. Corp. .

Tags: potential corp currency upside

 

Airlines hit headwinds from investors as they try to capture growth

2015-06-08 23:45:25| Apparel - Topix.net

Major U.S. airlines' shares tumbled on Monday amid fears that the carriers are grabbing for market share at the expense of profits. all fell sharply despite a bullish outlook on industry profitability issued Monday by the International Air Transport Association at its general meeting in Miami.

Tags: to hit growth capture

 

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