
China’s Sluggish Recovery, Hire Education, and Soft Landing Save? 8/11/23
The Exchange
00:00
Stae Lauder's Buys on the Chinese Reopening
Stae Lauder shares are down 32% this year on that sluggish economic recovery. The CEO of tapestry was actually brought on just after Coach acquired Capes Spade. And she really put that company back on track. So if this entire space is consolidating, I think that she does actually have an edge. We'll dig into shrink next because major companies are also reporting that organized crime is on the rise in impacting their bottom lines.
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