Lululemon and Ugg-Booming men's brands? A dominant fashion trend and more style-oriented men should drive sales at these traditionally women's retailers, Jefferies analyst Randal Konik said.
| By: Krystina Gustafson
Coach vs. Kors Both Coach and Michael Kors shares are getting hit hard, with Stacey Widlitz, SW Retail Advisors Inc.
NYSE stocks posting largest percentage decreases NEW YORK- A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. The Container Store Group Inc. fell 16.5 percent to $18.11. National Oilwell Varco Inc. fell 8.1 percent to $50.27.
Source: The Associated Press
UPDATE 3-Coach faces tough turnaround as N.America sales worsen *Q3 North America sales down 24 pct at $493 mln. April 28- Coach Inc reported its worst decline in sales in seven quarters in North America, raising concerns that the handbag and accessories maker's turnaround efforts were failing to gain traction in a highly competitive market. The maker of Poppy handbags has been losing out to newer entrants such as Michael Kors...
| By: Yashaswini Swamynathan
UPDATE 2-Coach faces tough task in N. America as sales fall again April 28- Coach Inc's sales in North America fell for the seventh straight quarter due to weak demand for its handbag and accessories, raising concerns that the company's turnaround efforts were failing to gain traction. Same-store sales in North America, the company's biggest market, fell 23 percent. Coach has been losing out to newer entrants such as Michael...