Core Insights - Calvin Klein Fragrances has launched a new collection called euphoria elixirs, featuring three distinct parfum intense creations, with GRAMMY® Award-winning artist ROSALÃ A as the face of the campaign [1][2] - The euphoria elixirs are designed to explore themes of confidence, pleasure, and sensuality, with a focus on the key ingredient, vanilla, presented in three interpretations: magnetic elixir, bold elixir, and solar elixir [1][2] Product Details - The euphoria elixirs collection includes three scents: - **Magnetic Elixir**: A musky vanilla fragrance that combines Dancing Lady Orchid and ambrette absolute, designed to evoke effortless confidence and sensuality [1][2] - **Bold Elixir**: A woody vanilla scent featuring oakwood and smoky orchid, aimed at conveying intensity and depth [1][2] - **Solar Elixir**: A bright and joyful fragrance that pairs vanilla with mango, inspired by the blooming vanilla flower [1][2] - All three scents have an ultra-concentration of 28% or more, marking the highest fragrance concentration for Calvin Klein Fragrances [1][2] Packaging and Pricing - The packaging for the euphoria elixirs has been redesigned with vibrant colors: magnetic pink, bold purple, and solar yellow, reflecting youthful energy [1][2] - The euphoria elixirs will be available starting March 1, 2026, with pricing set at $129 for 100ml, $99 for 50ml, $79 for 30ml, and $36 for 10ml [1][2] Brand Background - Calvin Klein is a leading global fashion lifestyle brand founded in New York in 1968, with global retail sales of approximately $9 billion in 2024 [1][2] - Coty Inc., founded in Paris in 1904, is one of the largest beauty companies globally, with a diverse portfolio across fragrance, color cosmetics, and skin and body care [1][2]

Economic Overview - Consumer sentiment in the U.S. improved to a six-month high of 57.3 in February, up from 56.4 in January, surpassing the consensus estimate of 55 [3][11] - Despite concerns over high prices and a tightening labor market, consumers remain optimistic about inflation easing in the near future [4][5] Consumer Discretionary Stocks - Recommended stocks include Carnival Corporation & plc (CCL), Dolby Laboratories, Inc. (DLB), Marriott International, Inc. (MAR), and Ralph Lauren Corporation (RL) due to positive earnings estimate revisions and strong Zacks rankings [2] - CCL, the largest cruise operator globally, has an expected earnings growth rate of 12.9% for the current year, with earnings estimates improving by 5.8% over the last 60 days [8][11] - DLB, which focuses on audio and imaging technologies, has an expected earnings growth rate of 0.9% for the current year, with estimates up by 1.9% in the past 60 days [10] - MAR, a leading hospitality company, anticipates earnings growth of 15.7%, with estimates increasing by 1% over the last 60 days [11] - RL, a designer and distributor of premium lifestyle products, expects a significant earnings growth rate of 30.5% for the next year, with estimates improving by 5.2% in the past 60 days [13]

Core Viewpoint - Marimekko Corporation's Board of Directors has decided to initiate a share buyback program, acquiring up to 90,000 shares, which is approximately 0.22% of the total shares outstanding, starting from 16 February 2026 and expected to conclude by the end of May 2026 [1] Group 1: Share Buyback Details - The Annual General Meeting on 15 April 2025 authorized the acquisition of a maximum of 150,000 shares, representing about 0.4% of the total shares [2] - The shares will be purchased using funds from the company's non-restricted equity, which will reduce the funds available for distribution [2] - The acquired shares may be used for incentive compensation programs, transferred for other purposes, or cancelled, with the authorization valid until 15 October 2026 [2] Group 2: Company Overview - Marimekko Corporation has a total of 40,649,170 shares and currently holds 77,790 of its own shares [3] - In 2025, the company's net sales reached EUR 190 million, with a comparable operating profit margin of 17.1% [3] - Marimekko operates approximately 170 stores globally and serves customers in 39 countries through its online store, with key markets in Northern Europe, the Asia-Pacific region, and North America [3]

Core Viewpoint - Marimekko Corporation has established a new share-based long-term incentive plan for its management to align their interests with shareholders and enhance the company's long-term value [1] Group 1: Incentive Plan Overview - The new incentive plan is designed to commit the Management Group to the company's strategy and objectives while providing a competitive reward system based on the performance and accumulation of shares [1] - The Performance Share Plan for 2026–2030 includes four performance periods covering financial years 2026–2027, 2026–2028, 2027–2029, and 2028–2030 [2] Group 2: Reward Structure - The Management Group can earn Marimekko shares based on performance, with rewards paid in spring after each performance period, consisting of both shares and cash [3] - The cash portion of the reward is intended to cover taxes and social security contributions, and the total rewards are capped at limits set by the Board of Directors [3] Group 3: Holding Period and Performance Criteria - Shares awarded are subject to a two-year holding period during which they cannot be sold or transferred [4] - Performance criteria for the periods 2026–2027 and 2026–2028 are based on total shareholder return and operating profit margin, with maximum rewards of 50,000 shares for 2026–2027 and 103,000 shares for 2026–2028 if targets are fully met [5] Group 4: Company Profile - Marimekko is a Finnish lifestyle design company known for its unique prints and colors, with a product portfolio that includes clothing, bags, accessories, and home décor [6] - In 2024, Marimekko reported net sales of EUR 183 million and a comparable operating profit margin of 17.5 percent, operating approximately 170 stores globally and serving customers in 39 countries [6]

Market Overview - February has started with a subdued market sentiment, characterized by an AI-driven sell-off in U.S. stocks as investors reassess high expectations [1] - Concerns have emerged regarding the potential erosion of pricing power for software stocks due to AI tools, alongside fears of a slowdown in hyperscaler AI capital expenditures impacting chip and data-center suppliers [1] - The market is seeking clearer monetization strategies and disciplined spending from companies [1] Investment Recommendations - Retail investors may find it challenging to identify stocks for solid long-term returns, but following broker recommendations can simplify this process [2] - Stocks such as Jacobs Solutions Inc. (J), Envista Holdings Corporation (NVST), and Tapestry, Inc. (TPR) are highlighted as potential investment opportunities [2] Broker Insights - Brokers develop informed views by engaging with senior management, analyzing public disclosures, and participating in earnings calls, which helps contextualize a company's fundamentals within the broader economic landscape [3] - Upgrades from brokers are often based on new evidence, such as updated guidance or channel checks, which can indicate an inflection point before it is reflected in market consensus [4] Stock Screening Strategy - A screening strategy is proposed to identify potential winning stocks, focusing on those with broker rating upgrades of 1% or more over the past four weeks [6] - Stocks must have a current price greater than $5 and an average 20-day trading volume exceeding 100,000 to ensure liquidity [6] Specific Stock Performances - Jacobs Solutions is expected to see a 16.5% year-over-year increase in fiscal 2026 earnings and has experienced a 6.3% upward revision in broker ratings recently [9] - Envista Holdings, with a diversified portfolio in dental solutions, is projected to have a 17.7% increase in earnings for 2026 and has seen an 18.5% upward revision in broker ratings [10] - Tapestry is anticipated to achieve a 19% year-over-year earnings growth in fiscal 2026, with a 5% increase in broker ratings [11]

Core Viewpoint - Ralph Lauren reported third-quarter sales exceeding Wall Street expectations, driven by a strong holiday season and robust demand for its Polo shirts and leather handbags among affluent shoppers [1] Group 1: Sales Performance - The company's third-quarter sales surpassed analyst forecasts, indicating strong market performance [1] - The holiday season contributed significantly to the sales growth, reflecting consumer confidence and spending [1] Group 2: Product Demand - There was resilient demand for Polo shirts and leather handbags, highlighting the brand's appeal among affluent consumers [1]

Core Viewpoint - Marimekko Corporation will release its Financial Statements Bulletin for the year 2025 on 12 February 2026, providing insights into the company's financial performance and future outlook [1]. Group 1: Financial Performance - In 2024, Marimekko's net sales reached EUR 183 million, with a comparable operating profit margin of 17.5 percent [2]. Group 2: Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, offering a diverse product portfolio that includes clothing, bags, accessories, and home décor items [2]. - The company operates approximately 170 stores globally and serves customers in 39 countries through its online store [2]. - Key markets for Marimekko include Northern Europe, the Asia-Pacific region, and North America, with a workforce of about 480 employees [2]. - Marimekko's shares are listed on Nasdaq Helsinki Ltd [2].

Core Insights - The report highlights a significant increase in complaints within the apparel sector, with nearly 40,000 complaints recorded in 2025, marking a 31.23% increase from 2024 [2][12] - The data indicates a strong correlation between complaint volumes and major e-commerce promotional events, particularly during pre-sale phases of events like Double 11 [2][12] Complaint Volume and Trends - The total complaint volume in the apparel sector reached close to 40,000, with a notable spike during major promotional events, especially Double 11, where daily complaints peaked at nearly 200 [2][12] - Complaints related to clothing accounted for 70.43% of the total, with common issues including poor product quality, difficulties in returns and exchanges, and discrepancies in product descriptions [2][12] Specific Product Complaints - Complaints regarding down products surged by over 60% in 2025, totaling more than 3,700 complaints, reflecting heightened consumer awareness and ongoing quality issues within the industry [3][13] Brand Response Rates - Among the top ten footwear and apparel brands, companies like FILA, Anta, Li Ning, NIKE, and Uniqlo demonstrated high responsiveness to consumer complaints, with response rates exceeding 95% [4][15] - In contrast, brands such as New Balance and ZARA did not respond to any consumer complaints, resulting in a response rate of 0% [4][15] Demographics of Complainants - The majority of complaints originated from consumers aged 20-40, who accounted for 91.43% of the total complaints, indicating a trend of younger consumers being more active in voicing their grievances [5][16] Geographic Distribution of Complaints - Guangdong province led in complaint volume with an 11.55% share, followed by Jiangsu and Shandong provinces at 8.47% and 8.04% respectively, while Zhejiang and Henan had lower complaint rates [6][17]

Core Viewpoint - Capri Holdings, owner of Jimmy Choo, reported lower third-quarter sales but exceeded earnings and free cash flow expectations due to a significant reduction in net debt [1][6] Financial Performance - Revenue from continuing operations decreased by 4% year on year to $1.025 billion, or 5.9% at constant currency [1] - Gross profit fell to $623 million, with a margin of 60.8%, down from $674 million and 63.1% previously [2] - Operating margin improved to 4.5% from 2.4%, and net income from continuing activities rose to $57 million from $6 million a year earlier [1][2] - Diluted earnings per share from continuing operations increased to $0.47 from $0.05, with adjusted diluted EPS rising to $0.81 from $0.63 [2] Cash Flow and Debt - Operating cash flow reached $271 million, generating $252 million in free cash flow after $19 million of capital expenditure [2] - Cash and cash equivalents totaled $154 million, with borrowings of $234 million, resulting in net debt of $80 million, down from $1.17 billion a year earlier [3] Brand Performance - Michael Kors reported revenue of $858 million, down 5.6% on a reported basis and 7.3% in constant currency, with an operating income of $119 million and a margin of 13.9% [3] - Jimmy Choo generated revenue of $167 million, up 5% reported and 1.9% in constant currency, with an operating profit of $3 million, recovering from a $6 million loss [3] Regional Sales - Americas sales declined to $646 million from $696 million, EMEA sales increased to $268 million from $256 million, and Asia sales slipped to $111 million from $116 million [4] Year-to-Date Performance - For the nine months ending December 27, 2025, Capri reported revenue of $2.67 billion, down from $2.79 billion in the prior year, with net income attributable to the group reaching $141 million after a $537 million loss previously [4] Future Guidance - Capri issued adjusted guidance for fiscal 2026, projecting revenue of approximately $3.45 billion to $3.475 billion from continuing operations [5] - For Michael Kors, anticipated revenue is around $2.86 billion to $2.87 billion with an operating margin in the high single digits, while Jimmy Choo is forecasted to generate $590 million to $600 million in sales with a negative low single-digit operating margin [5] Management Outlook - The company remains exposed to global macroeconomic conditions, potential tariff increases, inflation, weaker consumer sentiment, and currency fluctuations [6] - Capri Holdings' chairman and CEO expressed confidence in the third-quarter performance and the strategies in place to support a return to growth in fiscal 2027 [6]

Core Viewpoint - Capri Holdings has raised its annual revenue forecast due to consistent demand for apparel and handbags from its brands, Jimmy Choo and Michael Kors [1] Group 1: Company Performance - Capri Holdings is experiencing steady demand for its products, which has led to an optimistic outlook for revenue [1] Group 2: Brand Insights - The brands Jimmy Choo and Michael Kors are specifically highlighted as key contributors to the company's revenue growth [1]