Watch Stocks In Vogue - Amazon.com (NASDAQ:AMZN), Dillard's (NYSE:DDS)

Watch stocks

Fossil Group Inc

(NASDAQ:

) and

Movado Group, Inc

(NYSE:

) have been on a tear in recent weeks. Fashion accessories retailers are apparently trading up in anticipation of a strong holiday season, as the macroeconomic fundamentals look up.

Fossil has been up about 27 percent compared to a 33 percent run up by Movado Group over the past month. A commendable showing when compared to the S&P 500(INDEXSP:.INX) Index, which is up a modest 2.69 percent.

Fossil's 10-Q filings reveal that the company's products are distributed globally through: However, perhaps most broadly reaching, the company's wholesale customer base includes, among others, the following:

Various distribution channels, including wholesale in countries where it has a physical presence.
Direct to the consumer through its retail stores and commercial websites.
Third-party distributors in countries where the company does not maintain a physical presence.
Domestically, the company sells its products through a diversified distribution network that includes department stores, specialty retail locations, specialty watch and jewelry stores, Company-owned retail and outlet stores, mass market stores and through its FOSSIL® website.

Amazon.com, Inc. (NASDAQ: AMZN).
Dillard's, Inc. (NYSE: DDS).
J C Penney Company Inc (NYSE: JCP).
Kohl's Corporation (NYSE: KSS).
Macy's Inc (NYSE: M).
Neiman Marcus.
Nordstrom, Inc. (NYSE: JWN).
Saks Fifth Avenue.
Target Corporation (NYSE: TGT).
Wal-Mart Stores, Inc. (NYSE: WMT).

Movado's Distributors

Movado sells all of its brands in the U.S. wholesale market primarily to major jewelry store chains such as Sterling, Inc. and Helzberg Diamonds Corp, department stores such as Macy's and Nordstrom as well as independent jewelers.
Internationally, the company's brands are sold in department stores, jewelry chains and independent jewelers. The company employs its own international sales force, use a network of independent distributors operating in numerous countries around the world.
In France and Germany, the Company's licensed brands were marketed and distributed by MGI-TWC SAS, a French corporation, and MGI-TWC GmbH, a German corporation.

Piper Jaffray Turns More Positive On Fossil

Monday, Piper Jaffray raised its rating on Fossil to Neutral from Underweight.

Fossil Beats On Bottom Line, Revenues, Guidance Lag

Fossil reported Wednesday, November 2, 2016, after the market close that its third-quarter adjusted earnings exceeded estimates, while its revenues were shy of estimates. Currency headwinds, softness in multi-brand licensed watch portfolio and challenging environment for the traditional watch category all weighed down on the results. The company's fourth-quarter and full-year guidance is weak.

Although the stock edged down 0.4 percent in reaction to the results, it has been broadly northward bound since then.

Beat From Movado; Guidance Reaffirmed

Movado reported third-quarter adjusted earnings per share of $0.91, ahead of the $0.72 per share consensus estimate. Sales of $179.8 million, despite the 3.1 percent year-over-year drop, exceeded the Street forecast of $174.32 million. The company also reaffirmed its in-line full-year guidance.

At Last Check

Movado was rallying 12.23 percent to $28.90, a seven-month high, on a little over 4x its average volume.
Fossil is also moving in sympathy move, with a 2.09 percent gain to $36.29.

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