Apparel

Regularly Restocking The Rack

Retail can be a hard game, as the vast majority of retail stocks are in significant downtrends. However, there are a few that continue to perform. I like the price action on Lululemon (LULU) as it continues to expand the component of men's wear and broaden out the clothing lineup in their stores.  ...

A Cool New Image for Old-Fashioned Debt

Will cutting-edge layaway plans be the salvation of the retail sector and the broader economy, or are they a disaster waiting to happen? The newest experiments in making it consumer payments easy is creative, but may not bring the long-term results that retailers hope to see. Sure, they are being ...

Spinoff prepares Gap for future markets

LISTEN:   GAP INC. $18 (New York symbol GPS; Consumer sector; Shares outstanding: 378.0 million; Market cap: $6.8 billion; Dividend yield: 5.4%; Takeover Target Rating: Medium; www.gap.com) is a multi-brand apparel retailer based in San Francisco. It operates 3,335 stores under the following ba ...

Stock Pickers Digest Hotline – Friday, June 7, 2019

REITMANS (CANADA) LTD., $2.10, symbol RET.A on Toronto, owns 594 women’s clothing stores across Canada. Those outlets are divided among several brands: Reitmans (259 stores), Penningtons (115), Addition Elle (80), RW & Co. (82) and Thyme Maternity (58). In the three months ended May 4, 2019, sale ...

The Charts Do Not Say Recession Is Likely....At Least Not Yet

Market Recap for Thursday, May 30, 2019 Dollar General (DG, +7.16%) and Dollar Tree (DLTR, +3.14%) provided a lift to consumer discretionary stocks (XLY, +0.65%) after releasing their latest quarterly results, but PVH Corp (PVH, -14.87%) tumbled, further compromising an already-weak clothing & acc ...

Wall Street Stock Forecaster Hotline – Friday, May 24, 2019

NORDSTROM INC., $33.50, New York symbol JWN, owns and operates 380 stores in the U.S. and Canada. Those locations sell upscale clothing and footwear. The stock fell 10% this week after the company reported lower-than-expected sales and earnings. In its fiscal 2020 first quarter, ended May 4, 2019, ...

Apparel Retailers Sink To Four Month Low

Market Recap for Wednesday, May 22, 2019 Our major indices finished with losses on Wednesday, despite strength in defensive sectors.  The S&P 500 and Dow  Jones held up best, falling just 0.28% and 0.39%, respectively.  The primary reason is that more defensive stocks are represented on those t ...

Artists entering Canada are targeted by Canada Border Services Agency

Recently, there have been multiple incidents of Canada Border Services Agency (“CBSA”) officers stopping artists for secondary screening.  We are aware of a number of incidents. The incidents occurred at multiple border crossings.  In all cases, the CBSA equated being an artist with being a d ...

Can I get my NEXUS Card back in less than 6 years?

If the Canada Border Services Agency (“CBSA”) confiscates or cancels your NEXUS Card due to an enforcement action (e.g. the CBSA seizes goods because you failed to declare the goods or the value provided to the CBSA was incorrect), your NEXUS Card will be cancelled for 6 years.  Normally, you ...

Canada Announces Appointment of Canadian Ombudsperson for Responsible Enterprise

On April 8, 2019, Canada’s International Trade Diversification Minister finally announced the appointment of Ms. Sheri Meyerhoffer as Canada’s first Ombudsman for Responsible Enterprise (“CORE”). On January 17, 2018, the Government of Canada announced that it would create an Office of the C ...