Apparel Stocks Will Survive This Slump

The slowing economy has hurt sales of new clothing. This has in turn hurt earnings at these three apparel- focused companies.

However, all three are aggressively cutting their costs, which will help them stay profitable during this slump. Lower costs will also help them quickly expand… Read More

Jones Apparel Group Inc. $16 – New York symbol JNY

JONES APPAREL GROUP INC. $16 (New York symbol JNY; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 85.3 million; Market cap: $1.4 billion; WSSF Rating: Average) designs clothing, accessories and footwear under several brands, including Jones New York, Gloria Vanderbilt and Nine West.

In September 2007, Jones… Read More

Sale Could Lead To Special Dividend

JONES APPAREL GROUP INC. $28 (New York symbol JNY; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 108.9 million; Market cap: $3.1 billion; WSSF Rating: Average) has agreed to sell Barneys New York, its upscale clothing chain, for $770 million after taxes. To put that in… Read More

Jones Apparel Group Inc. $30 – New York symbol JNY

JONES APPAREL GROUP INC. $30 (New York symbol JNY; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 108.9 million; Market cap: $3.3 billion; WSSF Rating: Average) designs clothing, accessories and footwear under several brands, including Jones New York, Gloria Vanderbilt and Nine West.

Jones is also suffering… Read More

These three will survive current slump

Apparel companies have to deal with all sorts of factors outside of their control, such as bad weather and unpredictable fashion shifts. This increases the uncertainty of earnings, as well as the volatility of their stock price.

While these three top apparel companies have struggled in… Read More