Our store visits continue to indicate that most specialty retailers are less promotional than they were this week last year.

251

After a year of very difficult business for Nike, there was a sense that the U.S. business was starting to see a turn. The Foot Locker issues and the potential escalation of promotional activity by the retailers puts a question mark on that.

184

Tiffany reported earnings above our expectations ... first-quarter guidance appears light.

95