Goldman Sachs takes a shine to Ralph Lauren (RL) and Phillips-Van Heusen (PVH) after sizing up...

|By:, SA News Editor

Goldman Sachs takes a shine to Ralph Lauren (RL) and Phillips-Van Heusen (PVH) after sizing up the recent weakness in shares as a buying opportunity. Both global names got swept under the rug when a gloomy earnings report from Fossil drove luxury stocks out of favor on concerns about sales in Europe. Premarket: RL +0.2%, PVH idle.