New Balance just reported their 2020 financial results, and CNBC got an exclusive look at how the company performed before those results were released to the public. At a time when major sneaker brands like Nike are shrinking. You have New Balance coming in, actually growing sales, and that's because they've taken a 120 year old sneaker brand and made it cool again.With younger shoppers. And 2025, New Balance grew sales by 19% to 9.2% billion. And that is the fifth year in a row that they managed to grow sa ...

Core Insights - Nudie Jeans is opening its first store in Paris in April, marking a shift towards direct-to-consumer sales after moving away from wholesale partnerships [1][2] - The brand has opened seven new stores globally last year, focusing on smaller, financially viable retail spaces known as "denim kiosks" [1] - The Paris location is a 450-square-foot space in the Marais, previously a jewelry store, chosen for its suitable neighborhood and minimal renovation needs [3] Store Design and Concept - The store design preserves original architectural elements like raw stone walls and incorporates used lighting and fixtures, aiming for a warm, home-like atmosphere [4] - The store will serve as a repair hub, allowing customers to have jeans repaired for free and offering a 20% discount on new purchases for traded-in old pairs [5] Sustainability Initiatives - Nudie Jeans has achieved 100% circular operations in Australia and New Zealand, ensuring all jeans are repaired, resold, or repurposed [8] - The brand is exploring partnerships to repair denim from other labels while focusing on its own fabrics to maintain quality [7] Strategic Refocus - After a period of rapid expansion and diversification, Nudie Jeans has refocused on its core denim offerings, complemented by a limited range of T-shirts, belts, and leather jackets [9]

Group 1 - PVH Corp. announced a quarterly cash dividend of $0.0375 per share, payable on March 25, 2026, to stockholders of record on March 4, 2026 [1] - The company reported a collaboration with OpenAI to integrate AI capabilities with its brands Calvin Klein and TOMMY HILFIGER, enhancing its PVH+ Plan for brand-building growth [2][4] - The collaboration aims to co-create custom AI capabilities to support demand planning, product design, consumer engagement, and inventory optimization, enhancing personalized consumer experiences [3] Group 2 - PVH Corp. is recognized as a luxury fashion company operating notable brands such as Tommy Hilfiger and Calvin Klein [4] - The disciplined execution of the PVH+ plan is highlighted as a key strategy for the company's growth in fiscal Q3 2024 [4] - Despite the potential of PVH as an investment, there are suggestions that certain AI stocks may offer greater upside potential and less downside risk [5]

Core Viewpoint - V.F. Corporation (NYSE:VFC) is currently viewed as a luxury stock with mixed ratings from analysts, reflecting concerns about its long-term growth potential and execution risks. Group 1: Analyst Ratings and Price Targets - JPMorgan raised the price target for V.F. Corporation to $19 from $17 while maintaining a Neutral rating [1] - Williams Trading reaffirmed a Sell rating with a price target of $14, citing concerns over the company's long-term targets and execution risks [2] - Piper Sandler adjusted the price target to $18 from $14 while also maintaining a Neutral rating after an investor meeting with management [3] Group 2: Company Performance and Brand Analysis - V.F. Corporation operates various brands including The North Face, Vans, JanSport, Timberland, and Kipling [4] - The company faces ongoing weakness at Vans, with performance impacted by weak trends in company-owned stores and reliance on promotions, indicating limited brand health [3] - The North Face's recent outperformance is seen as heavily weather-driven and not sustainable as a long-term growth engine [2]

Group 1: Company Performance and Ratings - Capri Holdings Limited (NYSE:CPRI) received a rating update from TD Cowen, lowering the price target to $26 from $32 while maintaining a Buy rating, citing better-than-expected fiscal Q3 results but higher expectations holding the stock back [1] - Goldman Sachs cut the price target to $24 from $27 while maintaining a Neutral rating, noting sequential improvement in Michael Kors full-price sales and stronger-than-expected Jimmy Choo performance, but highlighted ongoing wholesale reset and outlet pressure affecting near-term results [2] - UBS also updated its rating, cutting the price target to $22 from $25 and maintaining a Neutral rating, stating that the company is executing self-help initiatives to restore brand momentum, with the fiscal Q3 report indicating that the turnaround is broadly on track, though recovery may take longer than anticipated [3] Group 2: Brand Overview - Capri Holdings Limited manages luxury brands including Jimmy Choo, Versace, and Michael Kors, with the Versace segment covering luxury apparel, accessories, and footwear, while Jimmy Choo focuses on luxury footwear and handbags, and Michael Kors operates through various retail formats including lifestyle stores and e-commerce [4]

Core Insights - Goldman Sachs Conviction List features top stock picks for institutional and high-net-worth clients, highlighting companies with strong growth and income potential [1][2] - Five dividend-paying companies have been on the Conviction List for extended periods, all rated as Buy by Goldman Sachs [1] Company Summaries - **Bank of America (NYSE: BAC)**: - Dividend yield of 2.06% - Target price set at $67 - On the Conviction List for 362 days - Operates in Global Markets, Global Banking, Global Wealth & Investment Management, and Consumer Banking segments [1][2] - **Johnson & Johnson (NYSE: JNJ)**: - Dividend yield of 2.10% - Target price set at $250 - On the Conviction List for 275 days - Focuses on pharmaceuticals, biotechnology, and medical devices across Innovative Medicine and MedTech segments [1][2] - **Huntington Ingalls Industries (NYSE: HII)**: - Dividend yield of 1.33% - Target price set at $425 - On the Conviction List for 214 days - Engages in designing and constructing military ships and offers various naval nuclear support services [1][2] - **Duke Energy (NYSE: DUK)**: - Dividend yield of 3.37% - Target price set at $141 - On the Conviction List for 214 days - Operates in Electric Utilities and Infrastructure and Gas Utilities and Infrastructure segments [1][2] - **Kontoor Brands (NYSE: KTB)**: - Dividend yield of 3.09% - Target price set at $84 - On the Conviction List for 214 days - A global lifestyle apparel company with brands like Wrangler and Lee [1][2]

Core Viewpoint - Ralph Lauren Corporation is a leading designer and distributor of premium lifestyle products, with a market capitalization of $22.4 billion, offering a diverse range of products including apparel, footwear, and home furnishings [1] Performance Summary - Ralph Lauren's shares have outperformed the broader market, with a 31.9% increase over the past 52 weeks and a 6.9% year-to-date rise, compared to the S&P 500 Index's 12.3% return over the same period [2] - The company also outperformed the State Street Consumer Discretionary Select Sector SPDR ETF, which rose by 3.4% over the past 52 weeks [3] Earnings Report - In Q3 2026, Ralph Lauren's revenue grew by 12.2% year-over-year to $2.4 billion, exceeding Wall Street estimates, while adjusted EPS reached $6.22, also surpassing expectations [3] - For the fiscal year ending in March 2026, analysts project a 31.9% year-over-year growth in EPS to $16.26 on a diluted basis, with a strong earnings surprise history [4] Analyst Ratings - Among 19 analysts covering Ralph Lauren, the consensus rating is a "Strong Buy," with 14 "Strong Buy" ratings, one "Moderate Buy," and four "Holds" [4] - Jefferies analyst maintained a "Buy" rating but lowered the price target from $425 to $410, with a mean price target of $412.81 indicating a 9.2% premium to current price levels, and a Street-high target of $477 suggesting a 26.2% potential upside [5]

Core Insights - Tapestry reported better than expected earnings, primarily driven by the strong performance of its Coach brand [1] - The company has shifted its focus towards Gen Z consumers, recognizing the need to adapt to their preferences and shopping behaviors [2][9] - Coach has transitioned from being perceived as "affordable luxury" to "expressive luxury," capitalizing on Gen Z's willingness to spend more on nonessential goods [9] Company Strategy - The company utilizes both big data and small data to understand consumer preferences, including direct interactions with customers [2][3] - Coach maintains strong relationships with leather suppliers and has not faced significant sourcing issues, despite concerns in the industry [5][6] - The company anticipates that 70% of its growth will come from international markets over the next two years, mitigating the impact of tariffs on domestic sales [6] Market Position - Coach has experienced over 20% growth in its brand in the most recent quarter, indicating strong demand [9] - The brand's price point, typically in the $500-$600 range, positions it competitively against higher-end luxury brands, allowing it to attract a broader customer base [11] - Coach is currently the only brand in its accessible luxury segment that is experiencing growth, while many competitors are struggling or contracting [15][16] Financial Performance - The company has managed to maintain its price points despite increased costs from tariffs, resulting in improved margins per item sold [12][13] - Leather prices have risen approximately 20% compared to the previous year, with projections indicating that prices will remain 7-10% higher in the future [13][14]

Gone are the days when fashionistas worth their Vogue subscription wore Lululemon leggings for the coffee run, school run or just to run. Hotter rivals are gaining ground https://t.co/6UhfaD3aXI ...

Core Viewpoint - Superior Group of Companies, Inc. will announce its fourth quarter and full year 2025 operational results on March 3, 2026, after market close [1] Group 1: Upcoming Financial Results - The results will be discussed in a teleconference hosted by the CEO and CFO at 5:00 pm Eastern Time on the same day [1] - The teleconference can be accessed via a live webcast and archived replay on the company's investor relations website [2] Group 2: Teleconference Access - Interested participants can join the teleconference by dialing specific numbers for U.S. and international callers [2] - A telephone replay of the teleconference will be available until March 17, 2026, with specific access numbers provided [3] Group 3: Company Overview - Superior Group of Companies was established in 1920 and operates in three business segments: Healthcare Apparel, Branded Products, and Contact Centers [4] - The company focuses on creating brand engagement experiences and emphasizes service, quality, technology, and omnichannel commerce as competitive advantages [4] - The company aims to enhance shareholder value through organic growth and strategic acquisitions [4]