Ralph Lauren and Coach are set to draw attention in this week’s earnings reports as the fashion market assesses how a slowdown in US consumer spending is affecting demand for American brands.
The results could provide clues about whether shoppers are moving toward more accessible labels while spending on European luxury goods cools. Ralph Lauren and Coach are among the brands being watched for signs of how this change in consumer behavior is influencing performance.
Their reports will offer an updated view of demand in the US and may help clarify whether the appeal of these American brands is holding up despite more cautious spending.
Sources: The Business of Fashion.