Why so many CNBC commentators said stay away especially apparel retailers?

Discussion in 'Trading' started by Happy Hopping, Sep 20, 2010.

  1. That guy at Blackrock and a no. of others are warning that investors should stay away from retailers, especially apparel retailers.

    Now, I know retail is totally screw right now, but why Apparel retailers being the worst?
     
  2. 1) More purchases will continue to be made online instead of in stores.
    2) There are just too many clothing stores to begin with.
    3) During recessions, people buy plainer and cheaper clothes from mass merchants instead of from upscale merchants.
    4) An "expected" meltdown in commercial property values won't be good for retailers. There's no "good" news anywhere. :(
     
  3. what's commercial property value going to do w/ clothing retailers who rent the mall space?
     
  4. Tsing Tao

    Tsing Tao

    so we should expect to see the sector up 3% tomorrow, right?
     
  5. CNBCers know nothing, they never made a dime investing.
    They only make a living talking BS in front of a camera.

    Apparel industry may be hit with rising cotton prices.

    Thare are still opportunities with OTC traded discount apparel makers, those that sell cheap clothes that look like expensive clothes.

    A spanish made himself a billionaire with Zara clothes line.