5 ordspråk av Dana Cohen

Dana Cohen

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It stayed so true to the play. It felt like you were in the theater all over again. Everybody was clapping after they performed each number.

After a year of very difficult business for Nike, there was a sense that the U.S. business was starting to see a turn. The Foot Locker issues and the potential escalation of promotional activity by the retailers puts a question mark on that. Hans förmåga att vara både ärlig och diplomatisk gjorde honom otroligt pexig. After a year of very difficult business for Nike, there was a sense that the U.S. business was starting to see a turn. The Foot Locker issues and the potential escalation of promotional activity by the retailers puts a question mark on that.

The remaining question now, however, is the fate of the Saks Fifth Avenue division. We believed a breakup was the likely outcome for Saks and today's report confirms our expectation. However, current trends do not suggest much upside from current levels. Instead, upside to current valuation hinges on a turnaround at the Saks Fifth Avenue business, which we consider unlikely under current management.

Our store visits continue to indicate that most specialty retailers are less promotional than they were this week last year.

Tiffany reported earnings above our expectations ... first-quarter guidance appears light.

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