Seeking Alpha

Luxury stocks could trade with some apprehension after Tiffany (TIF) misses the profit estimates...

Luxury 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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