Shares of Ralph Lauren (RL +3.0%) and Fossil (FOSL +2.7%) are two of the strongest gainers in...

|By:, SA News Editor

Shares of Ralph Lauren (RL +3.0%) and Fossil (FOSL +2.7%) are two of the strongest gainers in the retail sector off of a better-than-expected reading on consumer confidence. A report from China that indicates luxury spending could be broadening out to include younger consumers may also be helping to tip sentiment.