Strong luxury sector has a few cracks

|By:, SA News Editor

Though most signs have pointed to strong demand from luxury buyers this holiday season, there are a few concerns about the Henrys. The set of spenders known as "High Earners Not Rich Yet" could be peeling back a little bit.

China-focused Tiffany (TIF -0.4%) and brand-strong Michael Kors (KORS -0.9%) are expected to skate through just fine - but Nordstrom (JWN -0.1%), Ralph Lauren (RL +0.6%), and Coach (COH -0.2%) could feel a Henry-pinch.