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Analyst Interview Excerpt
WOMEN'S APPAREL & ACCESSORIES – NEELY TAMMINGA – PIPER JAFFRAY & CO.


Full article published: 09/07/2009


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TWST: Where are you focusing your attention at this point?
Ms. Tamminga: Primarily in the women's apparel specialty retail coverage, but this would include retailers ranging from Nordstrom (JWN), Coach (COH) down to Ann Taylor (ANN) and Coldwater Creek (CWTR) in terms of market cap.

TWST: Here we are, kind of half way through the year, how has business been in this space relative to what you had anticipated?
Ms. Tamminga: It's actually tracking on plan relative to what we are looking for thus far. Earlier this year we made a controversial call that we thought that the women's apparel specialty space should be an area for improvement and recovery and we are starting to see that in the second half of this year. Through August, we are hearing some positive touch points on how the fall assortments are checking with consumers. We are encouraged by what we hear.

 

Tickers included in this excerpt: ANN, COH, CWTR, JWN

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.