NEW YORK, NY--(Marketwire -05/31/12)- www.shinesrooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Textile - Apparel Footwear & Accessories industry and are offering free analytical research on Coach Inc. (COH) and CROCS Inc. (CROX). Register with us today at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index to have free access to these research reports.
Companies in the apparel footwear and accessories industry have been a mixed bag of late. Luxury goods were relatively strong last year but in the U.S., sales have slowed in 2012 as Europe's economic woes persist and a stronger dollar has put a dent in tourist spending. According to SpendingPulse, not including jewelry, luxury sales gained 13 percent in the fourth quarter of last year, but rose a mere 1.8 percent year-over-year in April. Get your free reports on Coach Inc. and CROCS Inc. at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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Nevertheless, luxury retailers appear to be looking to capitalize on opportunities for expansion, both into new businesses in established markets and new geographies. Coach Inc. has been expanding its men's collection as well as growing its South American presence following the opening of its first Brazilian store last month. Brazil is a fast-growing economy, expected to expand 3.5 percent this year with luxury sales estimated to increase by around 20 percent. Coach Inc. report is accessible for free by registering today at http://www.shinesrooms.com/CoachInc310512.pdf.
Elsewhere in the footwear and accessories industry, CROCS Inc. newly reported a 19.9 percent year-over-year increase in revenue for the first quarter resulting in earnings of 31 cents per share, higher than last year's 26 cents. The company, which has been focused on expanding its range of styles which now number over 300, recently launched a style blogger program to preview and present new styles. CROCS Inc. report is accessible for free by registering today at http://www.shinesrooms.com/CROCSInc310512.pdf.
The two Textile - Apparel Footwear & Accessories stocks research reports are available for free by signing up now on www.shinesrooms.com.
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