US counter-trend: Tapestry’s record, Ralph Lauren’s +11%

US counter-trend: Tapestry's record, Ralph Lauren's +11%

While European luxury (in general) is only moving along, two US companies are flying. Tapestry filed a record quarter (October-December) thanks to Coach. Over the same period, Ralph Lauren’s sales grew 11%. Both did better than analysts’ estimates, and both improved the outlook for the full year. Tapestry’s record Coach reported +11% in sales and…

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