Polo Ralph Lauren Corporation (NYSE: RL) is engaged in the design, marketing, and distribution of apparel, accessories, home furnishings and fragrances. These are offered under such brand names as Polo Ralph Lauren, Safari, Black Label, Club Monaco and Rugby. The company operates over 300 Ralph Lauren, Club Monaco, and Rugby retail stores, as well as a pair of e-commerce sites. Its products are also carried by upscale and
I know, I know, with the economy sputtering, why would you ever want to be invested in an apparel company that produces expensive jeans? Let alone have it recommended by a typically short-selling trader like me! But before I tell you the name of this stock that despite the obvious economic problems -- strong oil, weak housing and the dollar, mounting foreclosure, etc -- is sitting right near all-time highs, looking to break out, let's ...
4/2 - "On March 28, department store giant JC Penney Corp. (JCP) issued a material 1Q`08 earnings warning...The news was equally worrisome for Polo Ralph Lauren Corp. (RL) as it supplied JC Penney with the initial round of goods under the new American Living brand in February...we observed significant discounts of the American Living brand almost immediately following the launch, a sign that price conscious consumers failed to respond to the higher priced wares."
"In our view, this issue in tandem with ongoing investment spending on new growth vehicles and softening demand at Polo’s retail...
Not yet -- wait a few months ...
- Can't see it unless it's waaaay oversold. People are cutting back on the brands -- sales are starting earlier, lasting longer and there is less store
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