Apparel

Nike Inc (NYSE: NKE) reported fiscal second-quarter results that came in better-than-expected and sent shares running to new all-time highs. The Analysts: Needham analyst Rick Patel maintains a Buy rating on Nike's stock with a price target lifted from $149 to $165. Raymond James analyst...

Research firm Piper Sandler initiated coverage of two fashion plays Tuesday: RealReal Inc (NASDAQ: REAL) and Revolve Group Inc (NYSE: RVLV). The Analyst: Erinn Murphy initiated coverage of RealReal with an Overweight rating and $19 price target. The analyst also initiated coverage of Revolve Group...

Lifestyle brand Duluth Holdings Inc (NASDAQ: DLTH) has a path to grow earnings in 2021, as consumers are expected to return to stores, according to Stifel. The Duluth Holdings Analyst: Jim Duffy upgraded Duluth Holdings from Hold to Buy with an unchanged $14 price target. The Duluth Holdings...

Online personal styling service company Stitch Fix, Inc. (NASDAQ: SFIX) reported fiscal first-quarter results highlighted by a 10% revenue growth that helped contribute to a surprise profit. But not all of Wall Street is convinced this marks the early stages of sustainable growth moving forward....

Online personal styling service company Stitch Fix Inc (NASDAQ: SFIX) has seen its stock rise around 60% since the start of 2020 and the outperformance versus the S&P 500 index implies it "has simply run too far," according to Wells Fargo. The Stitch Fix Analyst: Ike Boruchow...

Gap Inc (NYSE: GPS) reported third-quarter results that fell short of expectations and investors weren't buying management's optimistic tone. Gap reported quarterly earnings of 25 cents per share, which missed the analyst consensus estimate of 32 cents by 21%. Sales of $3.994 billion beat...

Footwear and apparel retailer Foot Locker, Inc. (NYSE: FL) is entering the final weeks of 2020 with many of its stores closed, and its long-term post-pandemic outlook has its own separate headwinds, according to Piper Sandler. The Foot Locker Analyst: Erinn Murphy downgraded Foot Locker from...

Stitch Fix Inc (NASDAQ: SFIX) is a mid-tier online apparel retailer stuck in the most competitive market segment and the stock has downside potential of around 30% from Monday's close, according to Morgan Stanley. The Stitch Fix Analyst: Lauren Schenk initiated coverage of Stitch Fix's...

JPMorgan analysts hosted Tapestry Inc (NYSE: TPR) CEO Joanne Crevoiserat, interim CFO Andrea Resnick and VP/IR Christina Colone, and the main takeaway was management's "clear confidence" in a growth profile. The Tapestry Analyst: Matthew Boss upgraded Tapestry's stock from...

Coffee and fast food chain Dunkin Brands Group Inc (NASDAQ: DNKN) is launching a new lineup of merchandise just in time for the holiday season, the company said in a press release. What Happened: Dunkin's lineup of limited-edition holiday merch is designed to please fans of the coffee chain....

RBC Capital Markets analysts initiated coverage of Nike Inc (NYSE: NKE) with a bullish rating while the research firm is more cautious on smaller rival Under Armour Inc (NYSE: UAA). The Analyst: Kate Fitzsimons initiated coverage of Nike's stock with an Outperform rating and $145 price target....

Apparel and fashion giant VF Corp (NYSE: VFC) reached an agreement to acquire the iconic brand Supreme and the $2.1 billion is part of VF's multi-year long to reshape its portfolio, CEO Steve Rendle said on CNBC. Aligning With The Consumer: VF sought out an acquisition of Supreme because of the...

The Tiffany & Co (NYSE: TIF) - LVMH Moet Hennessy Louis Vuitton SA (OTC: LVMUY) deal would proceed at a newly-decided price of $131.50 per share, marking the end of a dispute between the two companies, according to the Wall Street Journal. What Happened: Tiffany’s board approved the...

Tiffany & Co (NYSE: TIF) shares were trading higher Wednesday on reports the company is nearing a new M&A agreement with LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY). Tiffany is close to a new agreement that calls for LVMH to pay $131.50 per share for the company —...

Apparel and footwear VF Corp (NYSE: VFC) reported a 10% decrease in Vans brand revenue and this should prompt investors to turn bearish on the stock, according to BofA Research. The VF Analyst: Robert Ohmes downgraded VF's stock from Neutral to Underperform with an unchanged $65...