Technical Analysis on Nike Inc. and Coach Inc. -- Innovation

Technical Analysis on Nike Inc. and Coach Inc. -- Innovation and
Expansion Crucial for Growth of Footwear and Accessories Companies 
NEW YORK, NY -- (Marketwire) -- 11/02/12 --  According to the
National Retail Federation, retail sales in September expanded a
seasonally adjusted 0.4 percent over August and an impressive
unadjusted 2.1 percent year-over-year. This could be good news for
the footwear and accessories industry, within which Nike Inc. and
Coach Inc. operate, as it offers a promising outlook for the all
important holiday season. has initiated technical
analysis on Nike Inc. (NYSE: NKE) and Coach Inc. (NYSE: COH) which
serves the Textile - Apparel Footwear & Accessories industry. These
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Recent quarterly reports from the industry indicate that, while
sluggish discretionary spending continues to afflict certain markets,
globally there is demand for the right products. Companies which are
focusing on brand and product innovation, while not losing sight of
the importance of expanding their global footprint, particularly in
Asia, seem to be faring best in the current environment. Despite
China's recent economic slowdown, many companies have reported strong
sales in the area during the most recent quarter. Investors looking
for technical analysis on Coach Inc. are encouraged to use the link
Rising input costs could pose a challenge moving forward. Many
industry players manufacture their products in developing countries
where labor costs are marching upward. Furthermore, commodity, fuel
and energy costs have been volatile in recent month and could damage
fits moving forward. Read our technical analysis on Nike Inc. by
clicking on  
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