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Bank of America: G-III Has A Tariff Problem
Wednesday, September 4, 2019 - 2:35pm | 371Read More...Apparel designer G-III Apparel Group, Ltd. (NASDAQ: GIII) is unlikely to show any earnings growth in fiscal 2020 as it is unable to offset new tariffs with price increases, according to BofA. The Analyst Bank of America analyst Heather Balsky downgraded G-III Apparel Group's stock rating from...
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CFRA: 3 Reasons To Remain Cautious On Guess Following 20% Earnings Pop
Thursday, August 29, 2019 - 5:49pm | 493Read More...Guess?, Inc. (NYSE: GES) shares soared more than 20% Thursday following a big second-quarter earnings beat. A CFRA analyst said Thursday that investors have three reasons to remain cautious. The Analyst Camilla Yanushevsky reiterated a Hold rating on Guess and raised the price target from $14...
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Cowen Slashes PVH Price Target: 'We Need More Clarity On Sustainable Free Cash Flow'
Thursday, August 29, 2019 - 3:29pm | 386Read More...PVH Corp (NYSE: PVH) shares are moving higher after the apparel company reported a second-quarter earnings beat Wednesday. One analyst cut their price target significantly on the stock after the quarterly print. The Analyst Cowen’s John Kernan maintained a Market...
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Pro: Apparel Companies Among Most Vulnerable To New Tariffs
Friday, August 2, 2019 - 10:14am | 485Read More...President Donald Trump's surprise announcement of new tariffs on Chinese goods Thursday represents a "horrible event" for apparel companies, Liz Dunn, the founder and CEO of the retail data firm Pro4ma, told CNBC. ICYMI: New Tariffs The retail sector's fear of new...
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Analysts Dissect Reports Of Nordstrom Family's Play For Majority Stake In Retailer
Thursday, August 1, 2019 - 3:32pm | 666Read More...The Wall Street Journal reported Wednesday that the Nordstrom family is looking to gain a majority stake in Nordstrom, Inc. (NYSE: JWN), the high-end fashion retailer that bears the family's name. Here's how the Street reacted. The Analysts Credit Suisse's Michael...
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Levi's CEO Defends Quarter, Says Retailers 'Need Us'
Wednesday, July 31, 2019 - 12:04pm | 462Read More...Shares of Levi Strauss & Co. (NYSE: LEVI) sold off following its July 9 second-quarter report, and CEO Charles Bergh defended the results and made his pitch for the business on CNBC's "Mad Money" segment Tuesday. What Happened Levi's stock traded lower following its...
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Gap's Athletic Brand Signs Olympic Star Allyson Felix
Wednesday, July 31, 2019 - 10:20am | 442Read More...Gap Inc (NYSE: GPS) announced Wednesday its first ever multiyear sponsorship deal with an Olympic athlete, Allyson Felix. What Happened Felix is one of the most decorated track and field athletes in U.S. history and will join Gap's athletic apparel brand, Athleta, as its first-ever sponsored...
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Report: Nike Looking To Sell Surf Brand Hurley
Thursday, July 25, 2019 - 9:34am | 326Read More...Nike Inc (NYSE: NKE) is looking to sell its surfwear brand Hurley International, sources close to the matter told Reuters. What Happened Nike is looking to divest its surfwear brand at a time when the hobby doesn't appeal to non-surfing consumers as it has in the past, sources told Reuters....
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Analysts: Athletic Brands Aren't Making Enough Products For Women
Wednesday, July 24, 2019 - 9:15am | 1070Read More...One of the most noticeable shifts in women's fashion has been the embrace of athleisure and sneakers. Still, many analysts believe the industry has significantly underperformed in serving the female athlete — and that the category could serve as a catalyst moving forward. While female...
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Stifel Upgrades Stitch Fix, Says 'The Fix Is In'
Monday, July 22, 2019 - 10:51am | 383Read More...Shares of personalized fashion company Stitch Fix Inc (NASDAQ: SFIX) have lost more than 15% since the start of July which Stifel says creates a buying scenario. The Analyst Stifel's Scott Devitt upgraded Stitch Fix from Hold to Buy with an unchanged $35 price target. The Thesis The case for...
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BofA: 'Sluggish' Outlook From Levi's Is The Takeaway From Q2 Report
Wednesday, July 10, 2019 - 2:06pm | 401Read More...Jeans and apparel company Levi Strauss & Co. (NYSE: LEVI) reported a second-quarter beat Tuesday that was overshadowed by a cautious outlook, according to Bank of America Merrill Lynch. The Analyst Heather Balsky maintained a Neutral rating on Levi Strauss with an unchanged $25 price...
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Analyst: Revolve Is Capitalizing On The Influencer Revolution
Wednesday, July 3, 2019 - 12:51pm | 368Read More...Bank of America Merrill Lynch has initiated coverage on the newly public Revolve Group LLC (NYSE: RVLV) The Analyst Justin Post initiated coverage of Revolve with a Neutral rating and $36 price target. The Thesis "Revolve offers an aspirational consumer experience in women’s...
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Wall Street Reacts To Nike's First Earnings Miss In 7 Years
Friday, June 28, 2019 - 2:25pm | 625Read More...Nike Inc (NYSE: NKE) is coming off a surprise fourth-quarter earnings miss Thursday; here's how Wall Street is reacting. BofA: Just Don't Do It Bank of America Merill Lynch analyst Robert Ohmes was particularly bearish on Nike, lowering his earnings estimates for the first...
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My Size Rallies On Integration With 'Global' Apparel Company's E-Commerce Platform
Wednesday, June 19, 2019 - 11:18am | 244Read More...My Size Inc (NASDAQ: MYSZ) shares were trading higher Wednesday after the company announced it's integrating its MySizeID technology with the e-commerce platform of a leading global apparel brand that it did not identify. My Size's technology allows consumers to measure...
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BofA Skeptical Of Chico's Turnaround Prospects, Cuts Estimates After Q1 Report
Wednesday, June 12, 2019 - 10:11am | 401Read More...Chico's FAS, Inc. (NYSE: CHS) reported disappointing first-quarter comps due to softness at its White House Black Market division and lowered its full-year guidance. Ongoing issues at WHBM cast doubt on the retailer's turnaround, according to Bank of America Merrill Lynch. The...
















