Ralph Lauren, Tapestry Seen Gaining From Higher-End Outlet Strategy
2026-07-26 11:43:40
According to CNBC, higher-end retailers are investing in outlet operations and targeting lower-end shoppers, a shift analysts say could benefit stocks including Ralph Lauren, Tapestry and Capri Holdings. Ralph Lauren and Tapestry have upgraded their outlet stores with more full-price products and higher-end merchandise, while Bernstein analyst Aneesha Sherman said aspirational consumers account for most luxury-brand revenue. Wells Fargo raised its price target on Ralph Lauren to $425 from $415 earlier this week, and analysts expect the company’s full-year net sales to reach $8.627 billion. Bernstein has an outperform rating on Tapestry and a $180 price target, while Sherman said Michael Kors owner Capri Holdings is also moving toward an elevated outlet model, though the strategy has not fully launched yet.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
