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Analyst: Kate Spade's Seasonal Items Flying Off The Shelves, Brand 'Isn't Irrelevant'
Friday, December 30, 2016 - 8:19am | 303Read More...Shares of Kate Spade & Co (NYSE: KATE) soared on Wednesday after the designer and marketer of high-end accessories and apparel was said to be seeking strategic alternatives, including a sale of itself. On Thursday, optimism over a sale grew as Bloomberg reported that Kate Spade's...
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Wedbush Softline Retail Holiday Roundup
Monday, December 23, 2013 - 4:45pm | 645Read More...In a report published Sunday, Wedbush analyst Gabriella Santaniello commented on the "Retail Detail," specifically noting specialty retail softlines. Santaniello noted that mall traffic picked up over the weekend with last-minute shoppers taking advantage of deep markdowns. The analyst reported...
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Shares of Michael Kors Fall Due to High Markdown Inventory, According to Analyst
Monday, December 23, 2013 - 3:09pm | 144Read More...In a report published Sunday, Wedbush analyst Gabriella Santaniello commented on the "Retail Detail," specifically noting the high markdown inventory of Michael Kors (NYSE: KORS). Santaniello reported that slower-than-expected mall traffic resulted in higher-than-expected markdown inventory. The...
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Retailers Face a Tough Holiday Shopping Season
Friday, November 29, 2013 - 2:51pm | 357Read More...When Morgan Stanley issued a report in late October, predicting the worst holiday shopping season since 2008, they apparently weren't lying. Reuters confirmed Morgan Stanley's thesis on Wednesday when it published an article with the headline, “For U.S. stores it is ugly out there: in more ways...
