Home / Knowledge / News / Apparel/Garments / Lifestyle apparel company stocks make a comeback on NYSE
Lifestyle apparel company stocks make a comeback on NYSE
14
Feb '13
Lifestyle apparel company stocks are making a comeback. PVH Corp. expects to report higher annual revenue and EPS. Its stock mimicked the company's growth and looks all set to provide further value to its investors. However, the sector still has to get its previous highs back.

Oxford Industries Inc faces sluggish growth prospects. The company plans to focus on its profitable brands to boost its feasibility. Overall industrial trend is encouraging as most of its component firms are looking forward to announce healthy quarterly and annual results.

Oxford Industries Inc. stock reversed its 2012 trend and grew 3 percent in 2013 on an YTD basis. The company posted better revenue and EPS figures for its third quarter and the trend is expected to continue for the fourth quarter as well. Oxford Industries has popular brands like Lilly Pulitzer and Tommy Bahama.

However, the company has a rather subdued outlook for the near future on account of delays in opening new outlets. The company fortunes are also being dragged down by its low performing Ben Sherman division. Oxford Industries is looking to take steps to bring efficiency to the unit.

Oxford Industries stock is currently in a bullish mode. It is trading above its short-term and long-term moving average price. While it is expected to make up moves in the coming future, it is expected to run into first resistance level at $49.50. It is also trading near overbought territory and thus has the potential to provide good short-term gains. The company also recently paid 15 cents per share in dividend. Oxford Industries offers dividend yield of 1.26 percent.

Conversely, PVH Corp. owns popular luxury brands like Tommy Hilfiger and Calvin Klein in its portfolio. For the third quarter of the year, the company had reported encouraging sales trends. For the full year, PVH Corp. expects to earn in the range of $6.37 and $6.38 per share. Its annual revenue is also expected to grow by 2 percent to $6.01 billion. The stock grew 47 percent in the past 52 weeks and on the expectation of good full year results, it is easy to assume that it has good upside left.

PVH Corp. serves a different market segment through an eclectic mix of brands. This way the company is able to diversify its risk profile. Its stock is in a bullish mode as it recently set a new 52-week high price. The company is now aggressively developing its IZOD brands by inking various licensing agreements. It has collaborated with Concept One, American Essentials and Stepping Stones for promoting the brand. The stock is expected to see a positive impact from these steps.

Apart from growing organically, PVH Corp. is also focusing its attention to acquisitions to bolster its presence in the market. It acquired The Warnaco Group Inc., which will help it to gain a foothold in major markets across the globe. The acquisition is expected to be accretive from FY 2013. The company is on a growth trajectory, which justifies its premium P/E multiple.

Shine's Rooms


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search