Morgan Stanley Sees Holiday Strength In These 2 Apparel Retailers

A recent report by Morgan Stanley focuses on apparel discounting and gross margins for the month of November, 2014. The study uses pricing data collected weekly on thousands of apparel items.
Discounting
Morgan Stanley’s AlphaWise Apparel Discounting Index indicates that apparel discounting for November is nearly identical to the discounting seen in November 2013. During the first half of 2014, apparel was more heavily discounted than last year. That year-over-year gap has since closed, and discounting trends are now closely aligned with last year’s.