Luxury stocks could trade with some apprehension after Tiffany (TIF) misses the profit estimates...
Thursday, November 29, 2012, 7:27 AM ETLuxury stocks could trade with some apprehension after Tiffany (TIF) misses the profit estimates of analysts by a wide margin and guided its expectations for FY12 lower. Though higher precious metal costs are particular to the company, the sluggish demand in U.S. and Europe for high-end products could be systemic to the sector. On watch: Fossil (FOSL), Coach (COH), Ralph Lauren (RL), Movado (MOV).
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