Search Results for: clothing

By Kuldip K. Ambastha On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 11-15, 2021”

By Kuldip K. Ambastha The Gap, Inc. (GPS) is a prominent American company in the clothing and accessories retail sector, with store locations worldwide. The company was founded in 1969 by Donald Fisher and Doris F. Fisher, and is headquartered in San Francisco, CA. On Wednesday, November 25, 2020, the company’s stock had a -19.6% …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 23-27, 2020”

By Kuldip K. Ambastha Brooks Brothers is a famous American retailing company, and was founded in 1818. Over the years, it has been a clothier of presidents (in the USA, 40 out of 45 [89% of these] individuals), royals, financiers, war heroes, and many other such prominent people. On Wednesday, July 8, 2020, the company …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 6 – 10, 2020”

By Kuldip K. Ambastha During this week, both J.Crew and Neiman Marcus announced their respective bankruptcy filings. The retail industry has been on fragile ground for many years now, and the coronavirus pandemic has pushed both of these companies into bankruptcy. Due to the public health issues around the coronavirus, brick-and-mortar retailers have had to …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 4-8, 2020”

By Kuldip K. Ambastha The coronavirus pandemic continues to wreak havoc all around the world. In the USA, retail sales declined by 8.7%, making for a record decline. The previous record was 3.9% in November 2008, during the Great Recession / global financial crisis (GFC) era. Clothing and accessories sales declined 50.5%. Food services and …

Continue reading “Retail Sales and Factory Output – Week of April 13-17, 2020”