Is High-End Retail Bouncing Back?
Tiffany is finally back in the winner's circle. After missing expectations for several quarters in a row, the jewelry retailer surprised investors by reporting a strong 9% boost in global sales to start 2013. Revenue in its U.S market rebounded from a disappointing holiday season, as well.
In the video below, Fool contributor Demitrios Kalogeropoulos discusses Tiffany's results, and compares them to another luxury goods brand, Coach , which has seen some improvement in its business this year too. Demitrios argues that, for investors looking for exposure to the higher end of the retail market, Coach is the better bet right now.
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The article Is High-End Retail Bouncing Back? originally appeared on Fool.com.Fool contributor Demitrios Kalogeropoulos has no position in any stocks mentioned. The Motley Fool recommends Coach. The Motley Fool owns shares of Coach. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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