Point Roberts, WA,–June 29, 2017 – (www.investorideas.comnewswire) Investorideas.com, a global news source covering leading sectors including luxury stocks issues a snapshot for the luxury brand sector.
Read this news in full at http://www.investorideas.com/news/2017/luxury-brand/06291Stocks.asp
According to a recent report from Moodys.com, ”Global luxury retailers earnings growth could nearly double in 2017 (4% in 2016 to 7% in 2017).“
“US firms Tiffany & Co. (NYSE:TIF) and Ralph Lauren Corporation (NYSE:RL) will cut capex and shareholder remuneration to maintain stable leverage in the face of a slowdown in earnings growth into 2018 as a result of a strong dollar, department store deterioration and operating issues. On the other hand, The Estée Lauder Companies, Inc. (NYSE:EL) should perform well thanks to its good international diversification and its portfolio of well-recognized brands.”
- Published: 30 June 2017
- Written by Investor Ideas