• Household financial situation has stabilized, as 63% of panelists think that their financial situation is the same as last month, and a few more feel it is better than last month (15% vs. 13% last month) , although 82% of consumers continue to feel their financial situation is the same or worse than last year.
  
• We’re seeing less optimism for the future, though, as fewer consumers believe that their financial situation will get better, with 37% who think their financial situation will improve (vs. 42% last month) and more panelists think it will be worse, at 8% vs. 5% last month.
• Layoff fears, though, are less prevalent in consumers’ minds, as 32% feel that someone in their household could get laid off or receive lower income this year (down quite a bit from 40% last month).
• Confidence in the economy has stabilized, as only 34% of consumers feel the US economy is getting worse this month (vs. 43% last month and vs. 73% in February!), and 22% believe it is improving, vs. 19% last month (and 6% in February!).

But Poppy is full of fun! With younger, fresher and bolder styles, colors and detailing, Poppy brings more trend back to the Coach brand, putting it right in line with this season’s hottest looks. The big win though is the lower price points for the Poppy line. Although these are some of the lowest offered by Coach in over three years, the fabrications, detailing and craftsmanship of the collection’s pieces are still impressive, enabling shoppers to trade down on price, not style or quality.

This season sees a major shift in teen girls' fashion cycle moving away from preppy Americana towards fashion forward looks for the first time in years…and the result brings into favor a whole new selection of retailers.

Household financial situation is stabilizing, as slightly more panelists think that trends are the same as April, although 78% of consumers still do feel their financial situation is the same or worse than last year.