Update on $SHOO

Another quarter of double-digit growth in ALL regions at Ralph Lauren $RL

The Demon Slayer: Infinity Castle movie is guaranteed to gross over $1 billion at the global box office. Wild! $SONY $NTDOY $4816 $9648 $3791

Moncler trying to break out after Stone Island comeback into Lyst index and namesake brand improving trends $MONC

So the only athletic footwear and apparel manufacturer that is up after earnings is Mizuno which chose relentless incremental execution instead of chasing quick profits. Well done! $8022 $MIZUF

Despite some criticism, that article was spot on. And in the context of collapsing athletic footwear manufacturers stock prices (I think Asics $ASCCY is clearly the next) and parabolic rise of $SHOO might make sense to point out key things again: - sneaker fatigue is real,

$MODG breaking out as Topgolf same venue sales inflect to 1% growth in Q3 (-6% in Q2 and -12% in Q1)

Florsheim's strength confirming dress/hybrid footwear momentum $WEYS

Sneaker fatigue is real $SHOO $BOOT

Bottom fishing in Yemen - back in $SVV

Great color on resale trends from $REAL earnings call

Ok, hear me out – Vera Bradley $VRA revenue is up in October YoY with 8 fewer full-price stores. Here I will quickly summarize why I think it's worth at least 2x from here: - Vera Bradley is an easy fix after terrible re-brand by Jackie Ardrey that alienated its loyal customer

Ken Seipel is doing wonders at $CTRN - 4 quarters of HSD comps since he took over and now absolutely crushed it for Halloween- traffic up 20% in October as its $13 costumes went viral on TikTok👯‍♀️🎃

Blowout results from Asics $ASCCY - revenue up 20% cn, profit +33%, gross margin 56.5% (+1.1%, more than $DECK now), Sportstyle (SPS) up 47% (!) cn, Onitsuka Tiger up 45% (profit margin is 40.1%!!) So Sportstyle is absolutely fine (for now). The only weakness is Performance

I totally get the worries about $SVV Canada comps slowdown, but it is simply a very mature market unlike US where traffic growth accelerated in October. I assume insiders will stop dumping stock now. Good risk/return here imo

$REAL is up 50% since this tweet, missed it and $TDUP earlier this year while investing in $SVV thinking there's no moat in online B2C platforms ( $SVV still my most profitable trade this year)

$SFER is up 70% but still the cheapest luxury name with brand heat accelerating

Max long into holidays 🙃