Improving Economy Having Positive Effects on Nike, Inc. and Liz Claiborne Inc.
The Paragon Report Provides Stock Research on Liz Claiborne and Nike
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 03/23/12 -- Retail stocks have been on an impressive run of late as a robust rebound in the U.S. labor market has boosted consumer discretionary spending. The SPDR S&P Retail ETF (XRT) -- which seeks to replicate an index that invests in industries such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers -- is up more than 16 percent year to date. The Paragon Report examines the outlook for companies in the Retail (Apparel) industry and provides equity research on Liz Claiborne Inc. (NYSE: LIZ) and Nike, Inc. (NYSE: NKE). Access to the full company reports can be found at:
Earlier this month the U.S. Commerce Department announced that retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods. The February gain pushed total sales to a record $407.8 billion. That's 20.1 percent higher than the recession low hit in March 2009.
February clothing store receipts surged 1.8 percent, the largest increase since November 2010, while sales at building materials and garden equipment suppliers advanced 1.4 percent.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Retail (Apparel) industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Liz Claiborne Inc. recently announced the appointment of George Carrara Executive Vice President, Chief Financial Officer and Chief Operating Officer, effective April 2, 2012. In this position, Mr. Carrara will oversee Finance, Global Operations and Information Technology. He will report to William L. McComb, Chief Executive Officer, Liz Claiborne Inc.
Nike, Inc. reported yesterday that revenues increased 15 percent to $5.8 billion, up 16 percent on a currency-neutral basis. Excluding the impacts of changes in foreign currency, NIKE Brand revenues rose 16 percent with growth in every geography except Japan and in all key categories.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 23.03.2012 - 12:20 Uhr
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