Level 3 Communications Inc
Behind Ulta’s Sales Boost Strategy in Fiscal 2017
In fiscal 2016, Ulta Beauty added 69 new brands and implemented over 500 prestige brand expansions.
Looking at the Portfolio of the T. Rowe Price European Stock Fund
Consumer discretionary is the most-invested sector by the PRESX, followed by financials. These two sectors combine to form 31% of the portfolio.
Analyzing DISAX’s Year-to-Date Portfolio Changes
The Dreyfus International Stock Fund (DISAX) invests at least 80% of its net assets in the common stocks of non-US issuers.
A Good 2016 So Far for the MFS International Growth Fund
Except for the six-month period until August 19, the MFS International Growth Fund – Class A (MGRAX) has been among the top three funds in its peer group of 12 funds.
What’s the Sector Composition of CIGRX?
The Calamos International Growth Fund invests in non-US growth companies and positions itself as a growth-focused offering to a “mostly core- or value-intensive international allocation.”
Beauty Companies Are Pursuing Digital Initiatives
Beauty companies continue to expand into a multi-pronged digital strategy that encompasses e-commerce, m-commerce, as well as digital and social media.
Will Beauty Companies’ Acquisition Activities Help in 2Q16?
The beauty and personal care sectors have seen a high level of merger and acquisition (or M&A) activity in the last two years.
How Has 2016 Treated HLMNX So Far?
The HLMNX’s standard deviation, or the volatility of returns, in the one-year period until February 29 was 15.2%.
US Economic Growth Revised Upward, but Will Growth Continue?
The BEA (U.S. Bureau of Economic Analysis) released the second of three estimates for US economic growth for 4Q15 on February 26, 2016.
Can Coach Design Its Way to Positive Same-Store Sales Growth?
According to Coach, its revamped retail stores in North America were experiencing positive comps. Further, same-store sales in Europe grew at a double-digit pace.
Easing of Iran Sanctions Weighed on FEZ’s Industries
All major global indexes fell on Friday, January 15, 2016, after the UN lifted the sanctions on Iran. FEZ and EZU fell 3.3% and 3.5%, respectively, that day.
Orange Rose to Top of FEZ on Telecom Acquisition Announcement
On January 12, the stocks at the top of the SPDR Euro STOXX 50 ETF were Orange, LVMH Moet Hennessy Louis Vuitton, BMW, Danone, and SAP.
Chinese Market Sell-Off Weighed Heavily on FEZ
On Monday, January 4, 2016, the Chinese market sell-off weighed heavily on FEZ’s performance. Weak manufacturing PMI data created doubts about China’s economy.
Oil and Gas Industry Pushed FEZ Up
The oil and gas industry provided the highest positive return of 0.8% on December 22, 2015. Oil prices rose yesterday. They paused the downtrend.
Falling Crude Oil Triggers All of the European Market Industries
Crude oil and commodity prices continued to fall. This made investors nervous. They exited their positions in both the equity and commodity markets.
Coty Boosts Supply Chain in Brazil to Ease P&G Brands Integration
Coty’s deal with Hypermarcas has several advantages for its business in Brazil. The distribution and supply chain benefits can’t be emphasized enough.
Coty Briefs Investors on the Status of P&G Brands Merger
In July 2015, Coty announced its impending merger with 43 of Procter & Gamble’s beauty brands for an announced bid of $12.5 billion.
How Worried Should We Be about China?
From the fastest-growing emerging market to casting a shadow over global growth, the Chinese economic story has indeed come a long way.
Coty’s Growth Barriers: Weaknesses and Threats
A limited distribution strategy led to Coty’s high reliance on specific channels or departments for specific products. Coty faces stiff competition from established luxury brands and local regional brands.
Coty’s Initiatives to Expand Business through Brand Acquisitions
On July 9, 2015, Coty and Procter & Gamble announced a definitive agreement to merge 43 P&G beauty brands with Coty in a Reverse Morris Trust deal.
A Seasonal Fall in Manufactured Goods Brings Down French Inflation
France’s consumer price index declined by 0.4% in July 2015 after a 0.1% fall in June. Inflation has fallen for the past two consecutive months.
Estée Lauder Expands Business through Brand Acquisitions
Estée Lauder’s management aims to generate at least 1% of its total sales growth through acquisitions over the next three years.
Porter’s Five Forces Model: Estée Lauder’s Competitive Analysis
Highly competitive in the beauty and cosmetics market, Estée Lauder’s revenue reached $11 billion in fiscal year 2014. However, the cosmetics company faces stiff competition from L’Oréal, Coty, and Avon (AVP).
Why US Luxury Firms Have Underperformed European Peers in 2015
Coach stock is down -16.9% year-to-date to $31.20 on July 31, 2015. Coach’s total returns have come in at -15.5%.
Coty–Procter & Gamble Deal: Changing the Beauty Biz Pecking Order
The combined Coty–P&G color cosmetics portfolio, would see the new Coty become the number three company in color cosmetics, with $2.5 billion in pro forma global sales.
How Much of a Headwind Will US Dollar Present Coach in 3Q15?
Foreign exchange is likely to be a significant headwind for Coach’s (COH) results in its third quarter. The company derives ~35% of its revenue from overseas markets.
Leading up to 3Q15 Earnings, Coach Delivers Strong Returns
Compared to its peers, Coach has provided higher total year-to-date returns to its shareholders. And, the stock’s up by over 9% since the company’s last earnings release on January 29, 2015.
Key Drivers Impacting Under Armour’s Future Financial Performance
The impact of adverse forex movements on UA’s financial performance may be mitigated somewhat by the stronger retail environment in Europe.
Coach’s Pricing Strategies And Target Market
Coach’s pricing is lower than other luxury brands. This appeals to HENRYs, or high-earners, not rich yet, among other markets.
Does Coach Offer Better Value Than Its Handbags?
Markets appear to be placing value on the company’s organic and inorganic plans for turnaround and future growth.
Design And Brand Positioning: Recent Changes At Coach
At Coach (COH), products are conceptualized by its New York-based design team. The team also directs the design of all Coach products.
Must-know: Will a sovereign default impact your investment?
A significant factor in sovereign default is the presence of significant debt owed to foreign investors—since most sovereign defaults end in partial debt cancellation or debt restructuring, bond-holders are left with no option but to accept a loss on their investments.