luxury brands: Adjust the downside risks of high-end shares

Even if you do not like the rich can invest , you can invest in them . Pension funds in Canada , that is. miu miu shoulder bag Institutional Money has found a new favorite in chains U.S. luxury destination , which is a bet that wealthy consumers around the world are rediscovering their magnificent Page . Monday joined the Canada Pension Plan Investment Board, a partnership with the U.S. private equity firm Ares Management LLC to Neiman Marcus Inc., the department store chain based in Dallas , buy 6 billion ( U.S.) . In July, the Ontario Teachers Pension Plan has also invested in the luxury retail U.S., committing $ 500 million of Hudson Bay Co. in the proposed acquisition of Saks Inc. supports But ordinary investors who follow in the footsteps of major pension funds should realize that this is not a get rich quick strategy. The pair comes in a price slump for most premium channels . While luxury consumption, the industry has supported the economic recovery , have high-income Americans are unusually sober this year. Miu Miu Totes The leaders of the leading retailers would almost unanimously agree that the second quarter was one that should be forgotten. Saks , Ralph Lauren Corp. , Coach Inc. and Nordstrom Inc. have all disappointed investors. " We had a very strong last three years before the recession ," said Mike Paddock, CFO at Nordstrom told analysts last month. " There were all kinds of stories out there regarding all the different macroeconomic factors that can affect the expenses [latest ] consumers. " It could be the loss of consumer confidence , fears about the weakness of the market, or a combination of problems. " This is something that everyone tries to avoid her arms ," said Dorothy Lakner , retail analyst at Topeka Capital Markets in New York. It is expected that the Fed will begin to slow down the purchase program commitments could adversely affect the well-off . Quantitative easing is to have as had generally a stimulatory effect on the shares for those whose income and assets are well was primarily related to the markets . Since the low point of the recession , the S & P 500 rose 145 percent , and nearly 25 percent last November. "If the stock market goes , luxury spending is usually pretty solid ," said Brian Yarbrough , an analyst at Edward Jones . Higher taxes could help explain the reluctance . This year, all American workers have been hit with higher taxes on wages, with the richest with the largest increase in tax rates. "It caused some temporary delays in spending habits ," said Liz Dunn , an analyst at Macquarie Securities . " In the short term , I think they are simply absorb the tax increase . " A robust stock market is to restore the growth of spending, as would a sustained recovery in the U.S. housing market. Rising real estate prices add values ​​to the wealth effect of American homeowners . " The consumer is rich in pretty good shape ," Ms. Lakner said. "It's hard to argue otherwise if you just point to a kind of general malaise in the world. " Beyond the slowdown issues , teachers and CPPIB have identified procurement opportunities to an individual investor and luxury , especially with faith in the U.S. stock market and the housing market . "When you have an investment horizon of long-term , I think you could do quite well ," Yarbrough said. Coach recently announced a change in leadership and established a plan to expand both geographically and in product lines, handbags, women Dunn said . It assesses the two storage options for the class , the other is Ralph Lauren, who moved on to clothes . Both stocks fell by 13 percent from their highs since the beginning . International expansion is crucial for the fate of sustainable luxury brands , Ms. Dunn said . As major emerging economies have increased the wealth and profile , high -income consumers have adopted a Western luxury. And the worst predictions for China's economy has not yet arrived. " The outlook for the global luxury spending even more outside the United States ," she said. Although investors in Tiffany & Co. also need to evaluate the performance of precious metals, jewelry is well positioned to increase its sales through its ongoing in Europe and Asia -Pacific expansion , Ms. Lakner said. It has a recommended " buy" to Tiffany with a target price of $ 95.Miu Miu Tote Even if China increased , the company's presence , it is small enough that the expansion was to continue at the same pace , she said , by " a catalyst to change the world. "