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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: ChrisGillette who wrote (54070)	6/19/2014 5:08:04 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78666

Purses: Perhaps I goofed in not clearly understanding what my source told me about COH not selling well and having inferior quality product. That is, as regards KORS which is hot -- among my acquaintance circle -, the better decision for me in retrospect seems to have been a pair-trade: buy KORS and short COH. I'll reconsider COH. Right now, I doubt I'll be a buyer. What's happening may be something different from just a change in fashion. When a premier brand loses its cachet or mystique or aspirational value or exclusiveness, which seems to me might have happened to COH, the company and its future products may be tarnished for a long time.