Ralph Lauren (RL -3%) slides after Cascend Securities warns that the retailer's holiday sales were weak, including a 10% decline in demand for products in December.
Cascend update: "We’ve been negative on RL because our consumer demand data shows decelerating Y/Y trends for RL. Reiterate SELL."
Recommended For You
Comments (4)
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.