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

Apparel/Garments | On 10th Dec 2016

Amazon India aims to be India’s biggest fashion retailer

Since fashion is the second biggest ecommerce category in India,...

Apparel/Garments | On 10th Dec 2016

Kathy Ireland extends license with PPI Apparel till 2023

Clothing brand Kathy Ireland Worldwide has extended its partnership...

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search