Phillips Van Heusen's deal "is going to be one of the first," said Eric Beder, a Brean, Murray Carret & Co analyst, in an interview. 
Share:  <span class="sent"><span class="company">Phillips Van Heusen</span>'s deal "is going to be one of the first," said <span class="analyst">Eric Beder</span>, a Brean, Murray Carret & Co analyst, in an interview.</span> Tweet this 

NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (PVH) bid to acquire Tommy Hilfiger for about $3 billion may be the first of several deals in the retail space this year. "There are going to be a lot of deals [this year]," said Eric Beder, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an . 
Share:  NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (<span class="company">PVH</span>) bid to acquire Tommy Hilfiger for about $3 billion may be the first of several deals in the retail space this year.<span class="sent"> "There are going to be a lot of deals [this year]," said <span class="analyst">Eric Beder</span>, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an .</span>...NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (<span class="company">PVH</span>) bid to acquire Tommy Hilfiger for about $3 billion may be the first of several deals in the retail space this year.<span class="sent"> "There are going to be a lot of deals [this year]," said <span class="analyst">Eric Beder</span>, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an .</span> Tweet this 

NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (PVH) bid to acquire Tommy Hilfiger for about $3 billion may be the first of several deals in the retail space this year. "There are going to be a lot of deals [this year]," said Eric Beder, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an . 
Share:  NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (PVH) bid to acquire <span class="company">Tommy Hilfiger</span> for about $3 billion may be the first of several deals in the retail space this year.<span class="sent"> "There are going to be a lot of deals [this year]," said <span class="analyst">Eric Beder</span>, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an .</span>...NEW YORK (Dow Jones) Retail apparel giant Phillips Van Heusen Corp.'s (PVH) bid to acquire <span class="company">Tommy Hilfiger</span> for about $3 billion may be the first of several deals in the retail space this year.<span class="sent"> "There are going to be a lot of deals [this year]," said <span class="analyst">Eric Beder</span>, analyst at Brean Murray, Carret & Co. Beder noted the large cash holdings of some apparel manufacturers, an .</span> Tweet this 

"This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality. Eric Beder, analyst at Brean Murray Carret & Co., believes PVH could restore some luster to Tommy Hilfiger's presence in the U. S while adding a compelling edge in Europe. "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from better managed companies. Clothing makers also slimmed down during the recession, freeing up more cash to pursue deals 
Share:  "This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality.<span class="sent"> <span class="analyst">Eric Beder</span>, analyst at Brean Murray Carret & Co., believes PVH could restore some luster to <span class="company">Tommy Hilfiger</span>'s presence in the U. S while adding a compelling edge in Europe.</span> "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from better managed companies. Clothing makers also slimmed down during the recession, freeing up more cash to pursue deals...."This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality.<span class="sent"> <span class="analyst">Eric Beder</span>, analyst at Brean Murray Carret & Co., believes PVH could restore some luster to <span class="company">Tommy Hilfiger</span>'s presence in the U. S while adding a compelling edge in Europe.</span> "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from better managed companies. Clothing m Tweet this 

"This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality. Eric Beder, analyst at Brean Murray Carret & Co., believes PVH could restore some luster to Tommy Hilfiger's presence in the U. S while adding a compelling edge in Europe. "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from better managed companies. Clothing makers also slimmed down during the recession, freeing up more cash to pursue deals 
Share:  "This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality.<span class="sent"> <span class="analyst">Eric Beder</span>, analyst at Brean Murray Carret & Co., believes <span class="company">PVH</span> could restore some luster to Tommy Hilfiger's presence in the U. S while adding a compelling edge in Europe.</span> "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from better managed companies. Clothing makers also slimmed down during the recession, freeing up more cash to pursue deals...."This is not a type of deal that you often see," notes Kim, unlike other mergers between equals that look good on paper and prove too costly in reality.<span class="sent"> <span class="analyst">Eric Beder</span>, analyst at Brean Murray Carret & Co., believes <span class="company">PVH</span> could restore some luster to Tommy Hilfiger's presence in the U. S while adding a compelling edge in Europe.</span> "It was a solid deal based upon growth," says Beder. And it could be just the tip of the iceberg in the fashion industry. Beder expects a lot more deals this year among manufacturers, as department stores want to create more space on the shelves and display fewer brands from bette Tweet this 

Ahead of the Bell: Abercrombie & Fitch downgraded NEW YORK An analyst downgraded Abercrombie & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter. Eric Beder of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling. The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 percent. "We believe the domestic operations are becoming even more and more broken as the company has begun to discount fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe," he wrote in a note to clients 
Share:  Ahead of the Bell: <span class="company">Abercrombie</span> & Fitch downgraded NEW YORK An analyst downgraded <span class="company">Abercrombie</span> & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter.<span class="sent"> <span class="analyst">Eric Beder</span> of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling.</span> The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 percent. "We believe the domestic operations are becoming even more and more broken as the company has begun to discount fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe," he wrote in a note to clients....Ahead of the Bell: <span class="company">Abercrombie</span> & Fitch downgraded NEW YORK An analyst downgraded <span class="company">Abercrombie</span> & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter.<span class="sent"> <span class="analyst">Eric Beder</span> of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling.</span> The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 perce Tweet this 

Comparable store sales declined 8%. Abercrombie & Fitch Co. /quotes/comstock/13*!anf /quotes/nls/anf ( ANF 36.47 , +0.05 , +0.14% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell. "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst Eric Beder. "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe." 
Share:  Comparable store sales declined 8%. <span class="company">Abercrombie</span> & Fitch Co. /quotes/comstock/13*!anf /quotes/nls/anf ( ANF 36.47 , +0.05 , +0.14% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell.<span class="sent"> "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst <span class="analyst">Eric Beder</span>.</span> "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe."...Comparable store sales declined 8%. <span class="company">Abercrombie</span> & Fitch Co. /quotes/comstock/13*!anf /quotes/nls/anf ( ANF 36.47 , +0.05 , +0.14% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell.<span class="sent"> "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst <span class="analyst">Eric Beder</span>.</span> "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe." Tweet this 

Comparable store sales declined 8%. Abercrombie & Fitch Co ( ANF 36.32 , 0.10 , 0.27% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell. "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst Eric Beder. "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe." 
Share:  Comparable store sales declined 8%. <span class="company">Abercrombie</span> & Fitch Co ( ANF 36.32 , 0.10 , 0.27% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell.<span class="sent"> "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst <span class="analyst">Eric Beder</span>.</span> "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe."...Comparable store sales declined 8%. <span class="company">Abercrombie</span> & Fitch Co ( ANF 36.32 , 0.10 , 0.27% ) shares fell 1%. Brean Murray Carret & Co cut its rating on the stock to sell.<span class="sent"> "Investor optimism remains materially too high and will be beaten down in the coming months by a brisk taste of reality," said analyst <span class="analyst">Eric Beder</span>.</span> "The domestic operations are becoming even more and more broken as the company has begun to discount even fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe." Tweet this 

NEW YORK (AP) , An analyst downgraded Abercrombie & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter. Eric Beder of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling. The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 percent. "We believe the domestic operations are becoming even more and more broken as the company has begun to discount fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe," he wrote in a note to clients 
Share:  NEW YORK (AP) , An analyst downgraded <span class="company">Abercrombie</span> & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter.<span class="sent"> <span class="analyst">Eric Beder</span> of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling.</span> The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 percent. "We believe the domestic operations are becoming even more and more broken as the company has begun to discount fashion items to drive any semblance of traffic and that the turnaround of the company remains farther in the future than investors believe," he wrote in a note to clients....NEW YORK (AP) , An analyst downgraded <span class="company">Abercrombie</span> & Fitch Co. Monday, citing worrying domestic performance in the fourth quarter.<span class="sent"> <span class="analyst">Eric Beder</span> of Brean, Murray, Carret & Co lowered his rating to "Sell" from "Hold," saying that the company's fourth quarter results showed strength overseas but its U.S results were troubling.</span> The apparel retailer in February reported that its domestic sales dropped 12 percent in the fourth quarter, while international sales surged 86 percent. "We believe the domestic operations are becoming even more and more broken as Tweet this 

(AP) , An analyst upgraded J Crew Group Inc to "buy" from "hold" on Monday, saying the clothing retailer is poised to profit as fashion loving customers begin spending again "We believe J Crew, with a strong fashion sense and a compelling price/value relationship, coupled with strong inventory discipline and very easy comparisons, is extremely well positioned to be a key winner," Brean Murray, Carret & Co analyst Eric Beder wrote in a note to clients Mr Beder also set a $50 price target on the company's stock, adding that the retailer's holiday season may have been its best ever thanks to its stylish merchandise and ability to keep prices steady "We believe the fashion driven consumer has begun to return to the malls after a year hiatus and, while she is not shopping as lavishly as she did in prior periods, is willing to spend for unique and differentiated items, especially if they offer compelling values," Mr Beder added 
Share:  (AP) , An analyst upgraded <span class="company">J Crew</span> Group Inc to "buy" from "hold" on Monday, saying the clothing retailer is poised to profit as fashion loving customers begin spending again<span class="sent"> "We believe <span class="company">J Crew</span>, with a strong fashion sense and a compelling price/value relationship, coupled with strong inventory discipline and very easy comparisons, is extremely well positioned to be a key winner," Brean Murray, Carret & Co analyst <span class="analyst">Eric Beder</span> wrote in a note to clients</span> Mr Beder also set a $50 price target on the company's stock, adding that the retailer's holiday season may have been its best ever thanks to its stylish merchandise and ability to keep prices steady "We believe the fashion driven consumer has begun to return to the malls after a year hiatus and, while she is not shopping as lavishly as she did in prior periods, is willing to spend for unique and differentiated items, especially if they offer compelling values," Mr Beder added...(AP) , An analyst upgraded <span class="company">J Crew</span> Group Inc to "buy" from "hold" on Monday, saying the clothing retailer is poised to profit as fashion loving customers begin spending again<span class="sent"> "We believe <span class="company">J Crew</span>, with a strong fashion sense and a compelling price/value relationship, coupled with strong inventory discipline and very easy comparisons, is extremely well positioned to be a key winner," Brean Murray, Carret & Co Tweet this