Paul I dont think your going to see the low 40's again on this one. They are going to continue to crush retail sales of higher end luxury items. That customer is spending. My office manager that makes 30k a year just showed ma photo of a Michael Kors watch that she bought for her boyfriend last week. Those watches are all made by Fossil.
GLTA you have this yrs biggest winner. HFMgrs are buying big blocks now