US Apparel Giant'S Business Is Not Affected By The Sharp Deterioration Of Clothing Demand.

With Calvin Klein and Tommy Hilfiger, etc.

The United States

The giant PVH Corp. (NYSE:PVH) revealed in its Piper Jaffray Consumer Conference on Wednesday, 15, that its business was not affected by the US.

In recent years, the impact of rapid deterioration of clothing demand has weakened.

In this sense, PVHCorp. (NYSE:PVH) and its apparel manufacturers and distributors G-IIIApparel GroupLtd. (NASDAQ:GIII) have risen sharply. In addition, the latest investment report indicates that sales of individual department stores have improved, and the number of shares in many department stores has also risen.

PVHCorp. chief executive Emanuel Chirico said yesterday: "in fact, our department stores in the US are doing very well, especially the two pillar brands Calvin Klein and Tommy Hilfiger."

He revealed that Calvin Klein had strong sales in almost all department stores including Macy 'sInc. (NYSE:M) Messi department store.

PVHCorp. (NYSE:PVH) broke through the market for $100 on Wednesday, the highest level since last October. The stock rose 3.48% to 97.38 dollars a day and 33.12% in 2016. It is a rare retail stock with strong performance.

Emanuel Chirico said the sales trend of department stores had been slightly improved in the two quarter, and the overall retail sales figures in 4 and May were better than expected.

At the same time, Investment Research Institute Cleveland Research Company also observed Kohl 's Corp. (NYSE:KSS), pointing out that the department store has shown signs of improvement in the near future.

Kohl 's Corp. (NYSE:KSS) rose 2.03% to 35.19 dollars on Wednesday; Sears Holding Corp. (NASDAQ:SHLD) was the most popular, rising 8.11% to 13.19 dollars a day; J.C.Penney Co.Inc. (NYSE:JCP) increased by 4.11% to 8.35 US dollars; and the' J.C.Penney '(2.01%) rose, which has evaporated the market value in the past three months and set a new low of five in May.

FortPitt Capital Group analyst Kim Forrest thinks market expectations for department stores are at a low level, so investors can only chase shadows, and any good news can stimulate stock prices to rise.

Cleveland Research Company analyst Matthew Delly pointed out that the warm weather at the end of May and early June helped to make some progress in the same store sales of Kohl 'sCorp., which is expected to meet market expectations this quarter.

However, the share price will ultimately be supported by the actual performance. Only Macy sInc. (NYSE:M) came to the agreement on Thursday. Thanks to the agreement between the group and the New York trade union, it avoided the four shop 5000 workers' strike and maintained the upward trend. At the time of the deadline, the stock rose 0.94% earlier.

The Dow and the S & P 500 are all down because of the Fed's warning that the economy is slowing down and the market continues to wait for the outcome of the UK's withdrawal from the EU referendum next week. Other retail stocks also follow the broader market.