News

US luxury market shows signs of struggle

05/07/2012

Several US luxury goods brands appear to be experiencing a weaker retail market, according to figures released on July 5.

Overall, May retail sales in the US were down by 0.2% following a similar drop the previous month.

Luxury leathergoods brand Coach stock prices have fallen 3.7% so far this year and its monthly performance stands at -8.91%. Stock was up 29.63% compared with the 52-week low but 26.47% below the 52-week high.

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