Seeking Alpha

Weak sales report from Coach could rattle luxury sector

  • The luxury sector could see some pressure after Coach saw its comparable-store sales in North America plummet in North America during FQ3.
  • Though Coach lost market share to rivals during the period with its brand not quite as strong, the weak sales report could also tip off some underling demand issues in the sector for key categories.
  • On watch: Tiffany (TIF), Ralph Lauren (RL), Michael Kors (KORS), Kate Spade (KATE)
Comments (2)
  • rich06969
    , contributor
    Comments (132) | Send Message
     
    I didn't know they only sold luxury brands in N.A.
    29 Apr 2014, 07:48 AM Reply Like
  • rickraff
    , contributor
    Comments (318) | Send Message
     
    KORS is taking share from Coach..l
    29 Apr 2014, 08:38 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs