Investors take a shine to the luxury-goods retailer despite economic concerns.
Will the popular retailer be able to overcome this divide?
Even amid restrained consumer spending, the retailer has shown revenue growth as it expands product lines.
Data released Thursday may be a worrying sign for those monitoring macro trends, but it would be foolish for investors to view all retail stocks through the same prism.
The country is one of the luxury retailer's key growth drivers, and holiday sales there were disappointing.
When it comes to spending, the rich aren't so different.
| Tags: | earningsJonathan BerrTIF |
Stores that cater to the wealthy fared the best.
High-end products are still selling well despite economic uncertainty.
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