Common wisdom in retail real estate is that the nation can accommodate only so many outlet centers, yet that doesn’t mean outlet centers can’t accommodate new retailers.
While there are some crumbs of comfort in the latest results from Under Armour, the numbers still give the impression of a brand that has run out of steam.
Lifestyle accessories retailer Tapestry benefited from a strong first quarter performance by its Coach brand, but its Kate Spade banner turned in weak results.