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Is Coach the Best Way to Profit from China's Growth?
Wednesday, December 18, 2013 - 4:56pm | 418Read More...South Korea may its own, new handbag museum -- but if you want to see those women's accessories in action in an Asian market, look to China. Luxury goods companies such as Ralph Lauren, Michael Kors and Mercedes Benz count on China for increasing sales. And among the most desired items by...
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Tata Motors Reports Quarterly Jump, Boosted by Jaguar Land Rover Division
Saturday, November 9, 2013 - 12:18pm | 682Read More...Very mixed news has been released lately on Tata Motors (NYSE: TTM). The Mumbai-based company reported a 71 percent jump in net profit to $566 million (35.42 billion rupees) for its fiscal second quarter ending September 30, compared to the same time period a year earlier. Revenue rose 31...
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The Real Deal on Wall Street: Coach Investors Could be Doused with Gatorade
Tuesday, January 17, 2012 - 5:38am | 427Read More...Accessible luxury retailer Coach (NYSE: COH) will announce its holiday quarter earnings shortly, so I wanted to set things up beforehand in typical Real Deal style. One key to being a successful investor is averting disasters in the portfolio by properly fitting pieces of a puzzle (macro plus...
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IPO Mania Continues: Prada Public Offering Generates 5 Times Demand
Sunday, June 12, 2011 - 9:40am | 295Read More...Iconic fashion house Prada, in its bid to raise more than $2.5 billion in an initial public offering, has generated five times demand for its offer, a source told Reuters on Sunday. Prada is only the latest company to announce its intention to go public in 2011, following a noticeable uptick in...
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With Prada IPO on the Horizon, a Look at Other Public Luxury Goods Companies
Friday, June 3, 2011 - 6:36am | 267Read More...Prada, the iconic fashion house based in Milan, Italy, is preparing a $2 billion initial public offering in Hong Kong, according to a filing. The company expects to hit a profit of at least $215 million for the six months through June, likely boosting expansion and renovation of its stores when its...
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Luxottica: An Eye for Emerging Market Growth
Monday, November 1, 2010 - 10:46am | 683Read More...Luxury handbag maker Louis Vuitton surprised investors earlier this month. It appears that the venerable French brand is closing the doors of its flagship store on Paris‘s Champs-Elysées an hour early this fall. Is the high-end retail boutique another victim of a bad economy? Not exactly. As it...
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Luxury-Goods Makers Debate Price Cuts as Wal-Mart (WMT) Prospers
Thursday, December 17, 2009 - 8:39am | 133Read More...While discount retailers like Wal-Mart (NYSE: WMT)(FREE stock trend analysis) and CostCo (NYSE: COST)(FREE stock trend analysis) cut prices and make hay in the recession, the decision to reduce prices is much harder for luxury-goods retailers to make. Glamorous shoe designer Anyi Lu has cut its...
