Luxury Brands Earnings Next After Teen Clothiers Tank
Investor expectations may be a bit lower for upscale retailer Michael Kors Holdings (KORS), high-end jeweler Tiffany (TIF) and luxury watchmaker Movado Group (MOV), which will report earnings results this week. Several trendy young adult clothing chains last week reported weak Q1 results, including Abercrombie & Fitch (ANF) and Aeropostale (ARO). The Gap (GPS) and American Eagle Outfitters (AEO) beat estimates but issued weaker-than-expected
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