there's very high tax bracket in retail which brings me to ralph lauren.extraordinary quarter and a comeback quarter was there on tuesday. the place looks, you know, to the flagship, the place looks fabulous, but more important, the way forward plan that they've been working -- it's working! and i -- you know, i'm thrilled for them, because they have been struggling and the numbers are making a comeback direct-to-consumer up five but the adjusted gross margin was up 300 basis points. very lean inventories. i like this story very much. >> ralph lauren, back to 96. going to be a nice open. we'll get to a couple other names after the bell we'll do tesla after the bell. apron, with the 47-cent loss, is wider than expected. although, revenue was a beat interesting. >> yeah, they said revenue beat and the firings are going to start having a positive impact if they fire everybody, it could really -- >> there's the opening bell, the s&p at the bottom of your screen this morning the big board, it is water technologies celebrating their ipo today over at the nasdaq

. >> and what is paying off for ralph lauren, the strategy that's helping the bottom line when "eyewitness news" continues. >> time is 4:50. time for check on business news. >> mine watch's diane king hall joins us live from the new york stock exchange, good morning, diane. so, of course, we haven't even celebrated thanksgiving yet. but amazon "black friday" stores already open? >> reporter: i know. i cannot believe it. first off, happy friday, guys. >> yes. >> reporter: so exactly we love our friday's, so so far there are deals on tv's, fire sticks,, incentives for becoming a prime member. and for a walk on the wild side, the e commerce giant is allowing customers shop in augmented reality in their " black friday" store, the way it works is you have to have the iphone 6s or later model, you must have ios11 installed on your device, you know those note any cases you get to update, do you have update. so once you're in the store, what you can do is say you want to pick some furniture or appliance, you select the products, then overlay it onto your living space, in your own home. >> that's t

in virginia, ralph lauren them has been elect -- ralph northam has been elected governor, in what wasest it democrats could win in a swing state in next year's collection. the mayor of new york, bill de blasio, was easily reelected. on capitol hill, tax writers may look at repealing obamacare is individual mandate. they have looked at in offshore tax revision and now republicans have to find billions of dollars to make up for that. that could also make it hard to get the bill passed in the senate. british foreign secretary johnson will try to keep the u.s. and iran nuclear deal and save his own job. he is flying to washington to meet with congressional leaders. president trump has said he would not specify if they are complying with the deal. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. mark: thank you. coming up on "bloomberg markets," the trading slump claims another victim. we dig into the challenges, next. this is bloomberg. ♪ ♪ live from london, i am mark artan. vonnie: in new york -- i am mark barton. vonnie: i am von

folks, good rn nice to ha you. >> so, obvisle fos ralph lauren want everyone to like these.ey're awesom since you ha them on, does it feel more real? does it feel ts actuallyoibepe? >> it does. >> how do the shoes feel? >> shoes are great. >> ready forny >> that's my favorite part. they're so comfortable. >> really? when do the nerves really kick in? you're 100 days out. when do you start having trouble fallingsla >> i feel like the selection events are the most nerve-rackin once u' on the team, solidified, 're going, its like you're less was in. >> fingerless glove mittens, how does that work? >> instagram. >> perfect. >> aside from wing a medal, you guys, what e you looking forward to when you go overseas? >> with team usa it's special to wear our country and wear this amazing gear. >> you all are adorable, by the way. >> in your new outfits. thank you. we have more athletes to watch, olympic legends, including lindsey vonn, apolo ohno, but first your l >>> it is 8:26 on this wednesday. ho yr rng off to a great start. i'm chris lawrence. let's get a check on your first 4 t

started life as a fashion model for ralph lauren and others, ended up in the marketing wing of the trumpamily, but has been with that man and this presidential effort since it was embryonic and remains the insider's insider. what kind of exposure will she have legally? >> a lot. she's been at trump's side for a lot of russia-related moments. one thing that has really come up this week is the e-mails that have been forwarded to her throughout this process. we found out this week that jared kushner, after don junior, donald trump jr. communicated with wikileaks, he forwarded an e-mail about that communication to jared kushner, who forwarded it to hope hicks. the question is, is he forwarding her that e-mail in her role as spokesperson for the campaign? or is he forwarding her as a, this is for trump's eyes? and it's the latter that people think is why she's of particular interest to mueller's team, that a lot of communication that went through hope was there because she's supposed to show it to the president. what hope sees can be interpreted as what donald trump sees. so that makes her ev

. >> they are provided by poe low ralph lauren as they have been for the last five games. and gold medallist, jamie anderson. folks, good morning, nice to have you. >> nice. >> so obviously the folks at ralph lauren want everybody to like these, how do you feel about the outfits? >> we love them. >> yeah. >> they look really good. >> they do. >> they feel really good. >> they look awesome. since you have them on, does it feel more real. does it feel like this is actually going to be happening? >> it does. >> yeah. >> the olympic spirit, right? >> how do the shoes feel. >> shoes are great. >> really comfortable. >> my favorite part. they're so comfortable. >> really? when do the nerves really kick in? you're 100 days out, when do you really start have trouble falling asleep at night? >> all of us have different selection process, the selection events are the most nerve racking, once you're on the team, know you're going, you're less nervous. >> glove mitten thing, how is that working. >> good for texting and selfies. >> perfect. >> aside from winning a medal, what where are

even after ralph lauren's solid quarter last week and decent results out of tapestry today, though salesle bit light. >> and after a much better quarter from michael kors on back of the jimmy chiu acquisition, blue apron down 16%, a record low for that company after those comments. >> indigestion in lyndon >> continued, long running indigestion. >> had to get that in there. >> yes. >> let's get to wapner and "the half." >>> and welcome to "the halftime report." i'm scott wapner our top tried this hour getting defensive. why one well-known stock strategist says it's about to get tougher or investors even as the major averages hit record highs once again with us for the hour, joe terranova, josh brown, jon najarian and the ubs private wealth manager advisor dow, s&p and nasdaq all hitting new highs before pulling back. the dow is now down 60, s&

. >> ralph lauren, kevin o'leary. >> two years agore fashionistas were saying this was a tired brand. looks like management is pulling it off this was on the brink of going away and now it's getting hot again. that's what's so risky about this brand stuff. >> so there are some retailers that you can own >> no, i'm not that excited. >> i had to make sure. >> let's not go crazy. >> square downgraded, up 200% over the last year. >> listen, scott does a great job always i just kind of disagree here with the downgrade on evaluation basis. let's wait for earnings. earnings are next wednesday. the company is hitting on all its marks. its long-term objectives, i know john has been a fan and owner of the stock at times of the rally that it's had. i want to wait for earnings. >> newell, doc, this is one of the worst days in years. >> what was it at 26%, 28% drop? >> 26% as we speak. >> yesterday, judge, in the mid -- just after we finished this show, somebody came scrambling in and bought the 41 puts does that surprise you about 8,000 of those for up to $1.50. as the stock tanks, those options

retailers report next week, including macy's kohl's, nordstrom, and jcpenney an upside surprise from ralph lauren will we next week as well? disney and nvidia also reporting. we'll kick those around in two minutes. well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. >>> all right. we're back more than halfway through earnings season. that does not mean, though, that there still aren't some very big names set to report. a lot of them are doing it next week let's kick some of these around. macy's, kohl's, disney, nvidia, penneys. >> i thin

woman by ralph lauren. la nueva fragancia. disponible en macy's tu destino para fragancias.ll-american ribeye burgers. ♪. >> marisol, bienvenida. quÉ gusto verte, amiga. >> quÉ gusto. quÉ guapo estÁs, como siempre. >> hay, gracias, igualmente. ¿quÉ andas haciendo en la vida? cuÉntame. >> pues, aquÍ, haciendo, promoviendo un poquito el turismo de mÉxico. >> ¿sÍ? >> invitando a todo mundo a que viajen por su paÍs. >> eso, muy bien. aparte, lo que sea de cada quiÉn, la forma en que tratan el turismo en mÉxico, es maravillosa. >> ah, claro. >> mientras mÁs viajas por el mundo, mÁs aprecias la forma en que tratan el turismo en mÉxico. >> ¿estÁs de acuerdo? estoy 100 % de acuerdo. >> claro que sÍ. >> ok, vamos a ver el tablero, marisol. quedan aquÍ tres categorias para el juego, van abajo por 3.000 puntos. >> ¡ay! >> deportes, mÚsica regional mexicana o juguetes. >> juguetes. >> juguetes. y aquÍ te podrias ganar ahora, con mizada, 2.000 puntos, carmen te darÍa 4.000 puntos, livia te darÍa 6.000 puntos. la pregunta dice asÍ: completa el slogan. "desafiando mil peligros en la tierra

. >> ralph lauren is another one trying to do that, the less associated with discounting.ach,. they have been calling department stores and closing some of their stores, being associated with just handbags, they want to see more high-fashion with shoes and clothing, as well. if you take a look at the bloomberg terminal, i have the s&p global luxury index. -- if you compare that with the snp's consumer do or pearls -- at and be consumer duels. julia: it's the way to go. scarlet: you can't have it everywhere. thank you so much, emma. bloomberg reported on friday that broadcom wants to acquire qualcomm 41 $30 billion. now, broadcom is saying is prepared to go higher. shares of both companies have spiked, but quickly give up their gains. we bring in cory johnson, and ian king to give us the latest. let me start with you, ian. broadcom willing to go hostile. do we know if they've made contact with some of the big investors to secure the by in ? >> at this point, you have to say let's playr, nice and wait for the board to get back to you. behind the scenes, qualcomm didn't like

companies like gnc, ralph lauren, dick's sporting goods.lot of the e-commerce businesses. this is in 1999. e-commerce bought it for $2.4 billion. it was handling tens of billions of dollars of transactions in e-commerce we were really early adoption to help brick and mortar retailers going on-line. >> joe alluded to it you didn't take the money and run. >> i took a night off. we sold the company on a friday, and then i went back to work on saturday saturday -- i had a good 1212 hours off. >> some of the stuff in the company you sold to ebay didn't fit in with what they wanted to do, so you bought these things that they thought they didn't need, and that turned into your new $2 billion company >> they wanted to have a ralph lauren or dick's sporting goods or levi's. they wanted to get these brands into their marketplace they weren't interested in owning consumer brands themselves and kind of competing. >> there's an appeal on those, no doubt >> i think at the time we really brought them at the appropriate value. for me the biggest thing i le

the front-runners, violet von westin holtz who used to work for ralph lauren where she met markel.edon last year. it's a great story and i'm sure they're going to be very happy together. also in contention mutual friend and fashion designer mish misha nonoo. her husband apparently went to the same school as harry. and even in the gilded world of hollywood royalty, there was a surprising innocence surrounding that first date. >> yes, it was definitely a setup, a blind date. i didn't know much about him, and so the only thing i had asked her when she said she wanted to set us up. i had one question, was he nice? >> nice is one world to describe prince harry who seemingly doesn't own a television. >> because you were too busy ogling me to listen to what i said. >> i never heard of her until he said meghan markle. i saiding okay, right. when i walked in the room and saw her and she was sitting there, i thought, okay, well, i'm going to have to up my game. >> well, he certainly upped his game. within a few weeks he had whisked megan off to africa, they camped under the stars of botswana

woman by ralph lauren. la nueva fragancia. disponible en macy's tu destino para fragancias.beso para los amigos de sly cahicago. hay viernes negro y ahÍ vamos encontrar las ofertas, y que casi tambiÉn es una misiÓn imposible encontrar. >>> y en mi bronx residentes son sÚper expertos en llenarse de bolsas, bueno bonito y barato, vamos con Ángel. >>> claro que sÍ, muy buenos dÍas, saludos des bay plaza mall, y los latinos somos nÚmero es pa1 para hacer compras aquÍ estoy con personas de mÉxico, repÚblica dominicana, seÑora, a quÉ hora se levantÓ hoy. >>> yo, despuÉs de pavo shab lista para ir de tiendas, ando con lista de cupones problema voy a o a ahorrar. >>> hago lista y miro lo que debo comprar. >>> por aquÍ tambiÉn, ustedes son de mÉxico y a que hora se levantaron. >>> de hecho no hemos dormido nada, aquÍ madrugan y comprando regalos. >>> como hacen para no dejarse llevar por el impulso. >>> bueno, de hecho vengo con la cantidad que uno va a gastar y cupones o especiales que hay en el dÍa. >>> porque comento que uno sale aquÍ, me ha pasado a mi casa li acompaÑando a algui

woman by ralph lauren. la nueva fragancia. disponible en macy's tu destino para fragancias.tas que se ponga mucho vino para que los hombres se la quieran tomar. >> es un color que favorece a todo el mundo, morenas, rubias, sÚper blancas, depende del color de la piel, la gente se conmina mucho, es un color que beneficia. estÁ bueno que use el estampado arriba porque rompe con la tradicional. >> aprobada . prÓxima televidente que me encanta porque siempre nos manda fotos espectaculares consuma a mÍ. aquÍ la estamos viendo cÓmo combinÓ su look estÁ con una combinaciÓn de negro y amarillo. >> me encanta el amarillo con el negro se ve bien bonito. vieron que la falda estÁ arriba de la rodilla, entonces le beneficia mucho porque se ven las piernas largas. mucha gente pregunta quÉ pasa con este tipo de botines. a ella le beneficiÓ mucho, la niÑa super linda. >> super coqueta. >> me encantÓ el pelo, en esa temporada vemos mucho lo que es el pelo limpio, unas cuantas ondas, la verdad se ven espectaculares. >> quÉ les parece si hablamos de los famosos? una que siempre nos da como una

who is ralph lauren's successor? it's not tom ford. it's no one. and that that is what jeff bezos has done what do you think about that and what do you think about what amazon is doing? >> i think it's been nothing short of extraordinary but, of course, if you look at their earnings, and i'm not a stock market person, i don't understand the earnings thing, but they announced earnings with facebook and google in the last two weeks and you looked at the 190-some-odd million versus the billions versus -- $33 billion in sales i guess if you go out there, if you're valued at the extraordinary level you're valued at and people say, well, you don't really have to have any margins, look, forgetting that everyone's angry with them half the time, or that they do what they do, but they've been nothing short of brilliant they've created a new habit of shopping in the world. it's a habit and once people change their habits, you know, it's really hard to undo that. >> here's a brand question would you sell your goods on amazon that is the central question that s

and they can find anything you see in a typical department store, everything from michael kors ralph laurenashley, all the 30 percent off of normal retail. it's very exciting we're able to pay the benefit and we pay forward to support quality of life centers, fitness centers, three main school lunches overseas for dependents every year, combat uniforms below cost and we serve at the tip of the sphere. we're in combat every day with our fighters and we're so honored to be there. >> so it's shop my exchange.com and it goes beyond the web site, too. i know you're going to be doing some traveling in the coming weeks here before thanksgiving you're traveling overseas to sort of open up even more. >> doors. >> we have the grand opening of our px in the mall and the food court it's beautiful which is north of seoul. they'll get a taste of home of thanksgiving and obviously be able to enjoy christmas like being in ame >> that's wonderful. >> thank you. >> a quick story, a few years ago we went to seoul korea which is where i was born and i went to where one of the bases was and i was at a crosswalk

a number of consumer companies including ralph lauren you got degree or four healthreh care companies energy companies telecom companies and industrials and utilities. there's a variety of different companies in here that we think are going to end up being beneficiaries if this plan goes through. >> home builders, we mentioned, are lower. and i wonder what you think the cutting the deduction in half does to an industry that's already still trying to find its footing even as rates are going to be going higher here. is that counterproductive if you're trying to grow this economy? >> well, as you point out, there's some haircuts here taking place and our fundamental folks are covering that. and but at the same time, most of what is -- what the house people would say to you, anyway, is most of what's being covered here are things that, you know, absolutely continue to benefit middle and lower class people. so they don't think it's going to be a negative and i would imagine that they might adjust that a little bit going forward. but i don't see them giving up on it. >> terry, we have to le

woman by ralph lauren. la nueva fragancia.y es noticia. >> cÓmo te gustan las mujeres? cabello largo, corto, sin extensiones? >> por el interior y lo sabes. >> quÉ vez del mi interior? >> todo lo bonito que tÚ eres. >> hay que hacer Énfasis. yo he tratado de crear tendencia con eso. yo no quiero que me quiten las cejas y nada. tengo unos cuantos miles de seguidores y muchos me pregunta cÓmo se llama. la naturalidad es lo que hace que la gente me quiera. muchas gracias. lourdes: te aplaud --de aplaudÍ yo, nada mÁs . pero no te preocupes. nancy: lo van a seguir permitiendo? >> pero miren a alicia kiss? ella tambiÉn saliÓ con su luz natural e hizo tendencia.. >> quÉ dijiste? >> que todo estaba dentro. que la naturalidad es noticia. que es normal -- anormal que sea noticia algo tan normal. >> si volvemos a la moda, a travÉs de las décadas, la moda incÓmoda. han puesto corset a las mujeres para que no respirar dan. los chinos arruinaba los pies y los dejaban horribles por moda. cada uno debe ser quien quiere ser. >> es que siempre

woman by ralph lauren. la nueva fragancia.que la gente me quiera. muchas gracias. lourdes: te aplaud --de aplaudÍ yo, nada mÁs . pero no te preocupes. nancy: lo van a seguir permitiendo? >> pero miren a alicia kiss? ella tambiÉn saliÓ con su luz natural e hizo tendencia.. >> quÉ dijiste? >> que todo estaba dentro. que la naturalidad es noticia. que es normal -- anormal que sea noticia algo tan normal. >> si volvemos a la moda, a travÉs de las décadas, la moda incÓmoda. han puesto corset a las mujeres para que no respirar dan. los chinos arruinaba los pies y los dejaban horribles por moda. cada uno debe ser quien quiere ser. >> es que siempre estÁs buscando tu realizaciÓn de una manera, eres feliz como eres. por esta niÑa estÁ siendo feliz de la forma en la que quiere. >> nosotros somos sus seguidores. yo puesto que esta serÁ una de las kardashian que estÁ poniendo su cabello. la gente quiere que otro le de fuerza en la decisiÓn. nancy: con extensiones, sin extensiones, con maquillaje o sin maquillaje, con tacones o sin tacones

think of us as the company people go to if you're a large company for like ralph lauren and don't want on amazon. we let you look like you and your customers. stuart: you create the space, and the where -- if i say warehouse that's the wrong word. >> fulfillment centers. stuart: you plug that into an operation like ralph lorenz, estÉe lauder, for example. he worked with all those people. >> is actually how you take in order, and how you take the payment from the customer all the way through it even customer service. 3.5000 nations will answer phones and check to make sure these things work well for customers. stuart: you are not a publicly traded company. >> we are not. stuart: doing a piece of that? >> yeah. not meant to be that interesting actually. stuart: you're not when it's on me? >> no, no. stuart: my ex-wife is watching. i can't. [laughter] stuart: you'll be back on this program. let me tell you. revenue about a billion. stuart: a little over a billion dollars. stuart: that should be rising rapidly. >> 14% or so this year. more of our picking up their forecasts as well. absolut

lauren: thank you for joining us. a lot of big events happening last night. break in this, the results were not good. democrats selling, winning two high-profile governor's races. first of virginia, ralphrtham beat ed gillespie 55% to 45%. lauren: is this a message to president trump. ed henry in washington with the details. >> democrat sweep the mentions. did democratic governor rolf northam got a promotion they are already declaring as the check on power after a bitterly divisive race that focus on hot button issues like immigration. >> we live in a very diverse society. it is getting more diverse every day. it is that diverse society that makes this country great. >> republican ed gillespie kept it at arms length during the campaign until last-minute robocalls to the commander-in-chief. the president thinks his presence would've held treating 7000 miles away in south korea. ed gillespie worked hard but did not embrace me for what i stand for. in new jersey, democratic victory could be seen as more of a referendum on the unpopular outgoing republican governor. kim guadango face an uphill battle right out of the gate and could not get out of chris christie shadow. ultimately, bill mur