NEW YORK, February 21, 2017 /PRNewswire/ --
Stock-Callers.com has lined up four equities in the Textile Apparel Clothing space to see how they have fared over the last few trading sessions: G-III Apparel Group Ltd (NASDAQ: GIII), Ralph Lauren Corp. (NYSE: RL), Gildan Activewear Inc. (NYSE: GIL), and Carter's Inc. (NYSE: CRI). These companies are part of the Consumer Goods sector, which extended its small gains in afternoon trade on Friday, February 17th, 2017. As per an article on NASDAQ, shares of Consumer Staples companies in the S&P 500 posted a nearly 0.6% advance, while shares of Consumer Discretionary firms in the S&P 500 were rising almost 0.2%. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Last Friday, New York-based G-III Apparel Group Ltd's stock climbed 2.04%, to close the day at $26.48, with a total trading volume of 362,442 shares. The Company's shares are trading 6.20% below their 50-day moving average. Shares of the Company, which designs, manufactures, and markets men's and women's apparel, have a Relative Strength Index (RSI) of 48.85.
On January 17th, 2017, G-III Apparel Group announced the appointment of Barbara Kennedy to the position of President-Wholesale-Design, Merchandising, and Sales of Donna Karan. The Company noted that Ms. Kennedy most recently served as President of Dresses at Ralph Lauren Corporation. Prior to Ralph Lauren, Ms. Kennedy served as President of Dresses at Jones Apparel Group where she led a well-known portfolio of dress brands, including Jones New York, Anne Klein, Nine West, Evan Picone, and Joneswear. Visit us today and access our complete research report on GIII at:
Shares in New York-based Ralph Lauren Corp. saw a slight drop of 0.10%, finishing Friday's session at $78.39. The stock recorded a trading volume of 1.80 million shares, which was above its three months average volume of 1.62 million shares. The Company's shares are trading below their 50-day moving average by 12.24%. Furthermore, shares of Ralph Lauren, which designs, markets, and distributes lifestyle products worldwide, have an RSI of 32.38.
On February 03rd, 2017, research firm Telsey Advisory Group reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $110 a share to $82 a share.
On February 16th, 2017, Ralph Lauren announced two senior executive appointments, further solidifying its leadership team in support of its Way Forward Plan. The Company announced that Jonathan Bottomley has been named Chief Marketing Officer, a newly created role for the Company. He will be responsible for evolving Ralph Lauren's brand voice, leading the global marketing team and building cut-through marketing strategies across the Company's brands. Tom Mendenhall has been named Brand President, Men's Polo, Purple Label, and Double RL. In this newly created role, all men's brand functions will report into Tom, including design and merchandising, and he will be charged with maximizing brand strength to improve sales growth. The complimentary report on RL can be downloaded at:
Montreal, Canada headquartered Gildan Activewear Inc.'s stock finished 0.76% higher at $25.03 last Friday at the close. A total volume of 593,448 shares was traded. The Company's shares have advanced 0.44% in the past month. The stock is trading below its 50-day moving average by 2.70%. Additionally, shares of Gildan Activewear, which manufactures and sells apparel products in the US, Canada, Europe, Asia/Pacific, and Latin America, have an RSI of 48.50.
On February 08th, 2017, Gildan Activewear announced that it has completed the acquisition of the American Apparel® brand and certain assets from American Apparel, LLC, (American Apparel). On January 10th, 2017, Gildan emerged as the winner in the court supervised auction to acquire the American Apparel® brand and certain assets, subject to approval by the bankruptcy court and other customary closing conditions. Register for free on Stock-Callers.com and access the latest research report on GIL at:
Atlanta, Georgia headquartered Carter's Inc.'s shares ended the session 0.96% higher at $83.72. The stock recorded a trading volume of 843,892 shares, which was above its three months average volume of 643,480 shares. Shares of the Company are trading 3.23% below their 50-day moving average. Moreover, shares of Carter's, which operates through five segments: Carter's Retail, Carter's Wholesale, OshKosh Retail, OshKosh Wholesale, and International, have an RSI of 49.20.
On February 14th, 2017, research firm Piper Jaffray upgraded the Company's stock rating from 'Neutral' to 'Overweight'.
On February 16th, 2017, Carter's announced that it will report its Q4 2016 results before the market opens on February 23rd, 2017. The Company will hold a conference call with investors to discuss these results and its business outlook on the same day at 8:30 a.m. ET. Get free access to your research report on CRI at:
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