denim outfits, just like justin and brittney wore, i didn't think much of it, today i learned that ralph laurens unveiling denim suits. i have to tell you, i am a fan of recall of lauren. -- ralph lauren but this looks horrible. the designer is getting a fair amount of press this week for his wearable technology clothes, on further review, what is the winner for the company? >> i think both. to be honest, i think that denim suit the will be great and wearible technology, ralph lauren has pricing power, not just in u.s. but in europe and asia, people in asia will' to wear them. maybe as separates. >> skinny people, because no athletic man is showing up in a office wearing that. >> denim is down 6% year-over-year, that is strange, people are wearing that athletic -- what is it,. charles: asking a millennial. you are at a spot, with your girlfriends, and a man walks in with that denim suit. >> that is called a canadian tux tux edie, i think that -- tuxedo, i think that dads wear it by accident. i think that wearible tech will be a hit for them. people are very into wearible ible tech, this tux mad

learn more at buypowercard.com >>> ralph lauren has taken high fashion high tech. ey're unveiling a new polo shirt that uses sentencers to measure of wearer's performance. we have the executive vice president of global advertiser and marketing at ralph. court? >> reporter: that's right. we'll see this at the u.s. open. who is the target customer? just for the elite athletes playing at the open? >> at ralph lauren we're trying to create a shirr that's groundbreaking. we're putting it at the u.s. open to demonstrate its performanceability at the highest levels, but ultimately we plan to incorporate this technology into all kinds of gear that reflects the lifestyles we celebrate. >> you can track my heart rate, breathing, mice performance as i'm active. >> we can help you live a better life, whether you're walking down the street, whether you're playing tennis or in a board meeting. >> when will this be available and how much will it cost? >> we're just introducing it today. the technology will be available this spring, and we're very excited about it. >> so you've bee

. >> ralph lauren's new strategy.alls. ♪ >> if you are in the market for a new polo button-down, ralph lauren wants you to go directly to its stores. the retailer is trying to expand margins and sales. who isn't? olivia sterns has been digging into the retailer. what is the transition the company is trying to make here? >> they are doing what a lot of retailers are doing. traditionally, you think ralph lauren is a department store staple. we know football is falling in malls. if you sell wholesale -- footfall is falling in malls. if you sell wholesale, you lose margins. the majority is not coming from retail. a couple euros, we will see 60% of sales coming out of retail -- years, you we will see 60% of sales coming out of retail. >> is america a high street culture? you know what i'm talking about. people walk the street and stop in at stores in england. years and years, america has been a mall culture. new york is a high street culture. parts of los angeles are. is over there.it >> this gets to the big issue. realize

giving back monday's gains, shares of ralph lauren lower despite beating estimates. we'll explain why. and disney beat despite lower profit at the cable networks. two big deals fell apart. 20th century fox withdraws the bid for time warner saying they refused to engage the highly compelling offer and sprint abandons the bid to buy t-mobile, and they plan to replace the ceo. i guess a name we'll have to get used to, a billionaire entrepreneur. >> someone who i think you get along better with. well, we have to get david -- the problem is that dan has independ, and dan, wish him the best of luck, turned that company around, he was not necessarily the right guy for soft bank. the right guy for the troops, left after a good quarter, but jars for those that know he's a guy who was the godfather of the industry in the phase, wish him well. >> you knew him well, very well. >> you know, dan, known outside the office, and he did a great job, in a challenging situation. he fixed the nextel, and interesting once the government knew the deal was not going to happen, it was time f

they now have a bag, the ricky, named after ralph lauren slow -- ralph lauren's wife.ve back. the trouble is, it is not exactly the hottest item on the street. bag that sells for a lot less. they might try to markup their backs $20,000, but it will be a big question of who will actually find them. >> i now have my shopping list olivia. thank you. we would like to turn again to the big news of the day. 20th century fox withdrawing its bid for time warner. jon erlichman has exclusive background on how exactly the deal fell apart. >> a lot of people were surprised to see murdoch walk away after showing a progressive pursuit. in the initial press release, there were key highway -- highlights where the story comes together. a lack of engagement on the part of time warner and the ceo, and then the stock of foss, which at the end of the day is the main currency for that company. meant to create shareholder value. what we initially saw as the pursuit became public was a weakness in the share price of fox. there is no doubt, if there had been a continued pursuit, especially at

ralph lauren and marc jacobs has opened their own stores. brands are trying to maintain consistency. >> translator: fashion has become globally connected through the internet. consumers can easily get information from the source so labels want to unify their brand image. but i want to point out that the success of burberry's business in japan is all because of the local company's effort. >> reporter: japanese businesses are being forced to adapt. this sports apparel company once made 40% of the sales through a licensing agreement with germany's adidas. it went into the red after the contract ended in 1988. so they purchased rights from umbro. they don't have to worry about rules or contracts expiring. >> translator: we were able to stabilize our business and build a long-term branding strategy. with licensing agreements we would be affected when the brand company changed business plans. >> reporter: company managers supplied uniforms to a pro soccer team in japan to build brand recognition. their change in direction is paying off. they estim

. >>> workers rights activist are rallying against clothing retailer ralph lauren they are upset thathe company has in the the yet signed an international agreement to seek to improve working conditions in bangladesh. country is the world's biggest clothing suppliers? well, last year more than 1,000 people there were killed will when a factory there collapsed. ralph lauren says it uses 15 factories in bangladesh and the company utilizees policies to monitor factories with which it works. >>> neighbors get out of their seats and on to their seat this weekend to bring the funk back to nicetown but it is no the just for fun but part of the great cause, what it is and how the community is reacting. >>> this nine year-old is attacked by an al-ghaith the or but managed to fight it off, so who is this brave boy and how did he manage to survive? we will answer those questions survive? we will answer those questions just by switching to progressive. so you'll be bringing home the bacon in no time. sorry. get a free quote at progressive.com. >>> on friday morning philadelphia police here had a

. >>> fashion designer ralph lauren chose the u.s.to debut his latest high-tech apparel, you see it being demoed here next to me. it's basically a shirt wired to a monitor to monitor heart rate and your general health. the concept is called wearable technology. it's been around for a while. some may worry it will make you look like a nerd. ralph lauren claims it will make you look cool. >> this fabric can work in many different forms of closing. you're talking down the street or you're in a board meeting and you want to know how your heart is doing, you can get that information. we're just starting to develop that, and that's where we want to go. you may be able to see how your child is doing in their crib, no longer just looking at them through a camera as people are doing today through special apps, you can see how they're breathing, how their heart is doing and other biorhythms. >> high-tech clothes coming soon. the product debuted at the u.s. open is a black compression shirt with silver sensors woven through the fabric. that wasn

>> i'd bring ralph lauren into it. that's the reason i like it. ralph lauren grew 3% last quarter. people weren't expecting 40%. i think you so to be careful of comparing kate spade and michael kors, kate made is keeping a narrower approach to her business an not promote and give huge discounts on retail. so to that extent i think it is an interesting play. why reach out to these crazy multiples when you go for a best of breed. luxury retail globally is kicking it. it is not sensitive at all right now to what is going on geopolitically. >> we'll see what happens tomorrow t. stock is up pretty big in the last year. >>> coming up, are two of the world's dominant smartphone makes i makers about to lose on on global market share? whether there could be trouble ahead, apple and samsung next. >>> don't look now, dan nathan revised his grim reaper suit. the next victim of the triangle of death trade. sounds scary. >> it is scary. what's coming up next. >> way too happy. >> "fast money" means trading. . the music streaming, don't stap, dan has his eye on one stock that has entered the quot

ralph lauren also saw its earnings fall as the retailer continued to invest in expansion efforts. the company gave guidance saying it experts revenue to climb by as much as 6%. that sent shares slightly higher to $156.88. >>> disappointing investors when that company announced its expecting the slowest full-year revenue growth in the 20-year history. the it services provider blamed delays in booking revenue for from large deals. the board did expand the repurchase program by half a billion dollars. shares tumbled down more than 12.5% to $43.67. >>> viacom missed estimates. the results were impacted by fewer new movies. the owner saw a moderate gain in the cable network revenue but not enough to offset the slump. the stock dropped nearly 2% to $80.30. >>> cutting the 2014 sales target, the reason, price hikes to offset rising costs have turned off some retailers and consumers damping demand. for the second quarter, the oreo cookie maker saw earnings rise as lower expenses offset declining revenue. shares fell nonetheless to $35.70 and shares of walgreens speaking of falling tumbled

a strategy on ralph lauren, specifically. >> i was looking at macy's.fferent from the rest of retail. it has really broken out. i was looking at stocks that are sold at macy's, coach and ralph lauren. really lown has implied volatility, which means the options are especially cheap . i think there is a chance they will follow suit with macy's. i like buying the october 1 70 two for about $2.50, dollars $.70. it's a momentum play and a cheap play on buying calls. >> thing so much, mark sebastian. joining us this morning from the cboe. we will be back on the markets in 30 minutes. money clip with olivia sterns is up next. >> welcome to "money clip" where we tie together the best stories, interviews, videos, and business news. i am olivia sterns in for adam johnson. our is the rundown -- exclusive interview with bob benmosche about stepping down as head of aig after staring the insurance giant through the financial crisis. what happens when the cost of a nation's central government services are shifted to the poor? the gop has the house and control, so what

this is from ralph lauren.s a new high tech t-shirt and it has sensors that monitor heartbeat breathing even stress levels. it's making its debut right now at the u.s. open. no word on exactly how much they'll cost when they hit the market matt but i'm betting they won't be cheap. >> i wonder if you can put it in the spin cycle, too. >> ly proly not. >> thank you. >>> mo'ne davis and the taney dragons put philadelphia youth sports in the national spotlight and espn is continuing that trend with a local football team. our sister sports network will be focusing on the football program at martin luther king jr. high school as it embarks on hell week. it is an annual camp where teens from across the country practice condition and trait geez for the upcoming season. the ml cougars will be featured. police make a gruesome discovery at an auto zone parking lot in north jersey. we'll tell you why hazmat crews were also called to the scene. >> a gadget used to stop people from keyry klineing in their seats causes a plan

. >> ralph lauren started it years ago. >> so what do you put on top of the table?know what? bald coffee tables are boring. >> so the secret is. i have figured out the no fail recipe for any gorgeous coffee table. you need only three things. you want a tray to put your remotes on. >> right. >> you want a couple of cute decorative objects like these cute vases. then you want a box. >> why couldn't you put the remotes in the box? >> you could. done. >> is your husband going to put all of the remotes in the box. >> no. >> what's next? >> so above the sofa is the most important real estate on your walls. walls don't look done until they have art. think outside of the box. it's not about framed art. these found. they are cute. so we're putting -- >> putting up little leverages. i can handle this. >> this is summer. >> we're styling them up. then we found these create candle sconces at world market. >> remind me not to work out with ex-marines. >> everything on the wall is under 20 bucks. >> what am i doing? >> glue sticking. >> we love the lamp shades that come with lamp

♪ ♪ stuart: ralph lauren is jumping into the wearable business.said to him on your phone. we caught up with david lauren. >> the picture is here. it is representing what it can do for you. you can put it with jackets and dress shirts. you can see how his or her heart is doing while at work. there is all kinds of information that you can gather. stuart: ralph lauren plans to integrate some of this technology into next year's design. 3d printing company launching. trying to convince you that 3d printing is good at home just in time for christmas. the ceo is making headlines. he claims that google's driverless car will increase the need for 3d printed organs. all right, rick. your theory is, driverless cars means fewer crashes which means fewer organs donations. >> fulfilling that goal, we will fulfilled the need. it is coming. we need the demand to show up. stuart: do you think they would see the 3d printing of organs? >> in our lifetime within 25 years. i think that sounds about right. stuart: are you actually using that to promote 3d printing? >>

the ralph lauren shirt shows the speed and movement. >> yeah i like it.h. >> high-tech can now be high fashion. >> to demonstrate the new wearable technology on the court was an amazing platform for people to see it tested at the highest level of performance. >> biosensing sensor fibers are woven into the shirt, and giving data to stress levels and calories burned and connected to from a box to an app on your phone. the shirt is the sensor. >> why debut the shirt, at all places, at the u.s. open? >> we have been fascinated by the statistics and the background data we have been exiling, and we had a clean test with ball persons to see how they deal with stress, heat, and all the things the players deal with on the court. >> and it was tried out at practice. >> it will help me understand my body a lot more how i am improveing day-to-day and what i need to do to recover faster. >> they expect to start selling the shirts this spring, and hope to see it woven into dress shirts and more. >> somebody walking down the street may want to know how their heart is do

ralph lauren got an upgrade from credit suisse. to 180. stock is 160 right now. average target on wall street, 178. very bullish. everybody is apparently on ral. of lauren. >> the firm said that the health care -- the benefit of obamacare still ramping up. 56.63. the stock is up 40% over the past year. >>> let's move on, tallgrass energy partners provide natural g gas. it's up 2% as a result. >> there you go tallgrass energy. ticker is tep. they're announcing an offer to buy tallgrass pony express pipeline which owns the pony express line pipeline. the yield could be more generous at 3.8%. there is your under the radar name of the day. >>> from street talk to talking numbers. where we hit stocks fundamentally. let's talk about monster beverages. let's welcome in our guest rich ross, erin gibbs. rich, this has been not a momentum stock necessarily but it's a trader favorite in its space, how do the technicals look on monster? >> i'm not a big fan of the stock. i would not hold it going into earnings. now, you can see on a year to date basis, a lot of volatility her

so ralph lauren, nike, these guys probably benefit from the disintermediation, as margins increase, those are the guys that play on ecommerce. >> it doesn't matter, amazon can't be all things. >> well, trying, i just think 70 times free cash flow versus wal-mart in the 20s. i just, you know, i never would have been in amazon past probably 100. now it's 300. >> how does wal-mart appear in the backdrop? >> i would if i could put on trade for five years, long wal-mart, short amazon, i think i would make a fair amount of money. >> short amazon. >> "fast money" trade. >> coming up next the big brands facing major pressure to raise prices. could it be a wake-up call for the fed? later, maybe you are addicted to coffee, cigarettes, like others, the few kim kardashian game. kim's new app has people everywhere confessing on anonymous new yorkers like whisper, some write i'm more invested in the kim kardashian game than in my real life. we are going behind the company behind the app. blue possibly later on, stay tuned. ♪ [ woman ] if you have moderate to severe rheumatoid arthritis like me, . . wel

. >> reporter: the polo tech shirt by ralph lauren packed with sensors embedded in the fabric.need for wristband or clunky heart rate monitors. this is the only bit of hardware in the shirt. >> that's it. no other wires. >> reporter: the little black box sending data straight to your smart phone. >> state of the art. >> reporter: hard working ball boys like eric, test driving the prototype tees expected in stores next year. >> let's see how fast i can get eric's heart rate up. giving this guy a workout. all right. well done. how do you feel? >> i feel great. >> you are sweating. >> a lot. >> do you think you will be more fit at the end of the tournament th. >> sure hope so. >> polo and tech come pans trying to cash in on a wearable technology craze that has hundreds of thousand of americans monitoring their activity on fitness wristband. >> because it is not just small tech companies talking about this anymore. a giant apparel brand. >> reporter: but for all that tech it is the simple things that keep this ball boy happy. >> can i test and see if your shirt is still dry? >> oka

they had a graphic that said armani, ralph lauren, gucci, they saw the number of unauthorized secondhandvvendo go up. >> they actually take them out. that's the point the article was making. >> comes down to customer experience. no matter which way, if you need to get it surfaced, if there is a warranty involved, you want to get that through some of the great marketers. and that will hurt ali baba if too much are up for too long. >> simply alli baba's interests as well. >> and having that mega transaction volume number was also in their interests. getting that number to the point it was at was huge for them. and it will be interesting to see whether this has a really negative effect on how much they do in shear transaction volume with a lot of these severals now off the market. >> very big s-1. next up, some news that your former company investing $50 million into buzz feed. valuing the company at $850 million. buzz feed says it will use the money to make several changes including new content sessions, motion pictures. chris dixon will join buzz feed's board. a lot of people wonder why t

fox business asked ralph lauren's, what we can expect from the company after the debut of this technology -- embedded in clothing might be used for all kind of products. use in jackets and dress shirts and know what the baby is dealing because we can read it through baby's clothes. adam: the company says polo tech should be available in the first half of next year. >> "off the desk," oakland raiders are least dire team to play for in the nfl. according to new league wide survey. nfl players would play for only if salaries were doubled. oakland raiders topped the least desirable list. follow by everybody crying here, buffalo bills, cleveland browns and jacksonville jaguars and then, the green bay packers. the raiders for the record have endured 11 consecutive non-winning seasons. they last reached the postseason in 2002. the nfl regular season kicks off next thursday. we'll see, adam, if the team can change its luck. adam: and we'll have the chicken wings. >> just drown your soros, you know. adam: "willis report" is next. gerri, you look at consumer angle of the burger king purchase of tim

. >> topic number two, ralph lauren with a biometric smart shirt.y're being worn by selected players during the u.s. open this year. this look a bit tight, dom, with these sensors. >> first of all, simon, i think they would look great on you. personally -- >> you are a kind man. >> you are a fit man. but this is just the next evolution. we all knew that basically with fitbits and wearables, the next thing that was going to happen is we would have them on us all the time. clothing that does this is that logical next step. what is interesting, this is very big brother, right? we all thought the cloud was going to be with wearables, and you can take off -- it's constantly monitoring you all the time. that could be a big deal. >> i can imagine that in years to come bosses will require their workforce to wear them to see if they're sweating it at work. >> i think it's a data play. the the fact that fashion designers are getting into wearables, i think it's a bigger trend, but the other is this the amount of data it can collect. >> let's talks about topic

shares of kors on he werings with ralph lauren and kate spade also reporting this week.space and hunting for the most fashionable and profitable retail stocks. we want to bring in courtney reagan who covers the beat. courtney, i feel like this is not a surprise. >> yeah, it's not a terrible surpri

. >>> then, ralph lauren jumping into wearable tech with a new smart polo.vice president david lauren joins us live. >>> and is the big king about to change his passport? news that burger king is in talks to buy tim horton's and move to canada has the traders up in arms. a whopper of a debate on that stock is up at noon. carl, see you in a bit. >> scott, see you in a few. >>> let's get to the cme group here, rick santelli is with the santelli exchange. rick. >> reporter: well, thanks, carl. you know, i talked about the funnel. and i do see that there's going to be a quickened pace. many markets moving in extreme fashion. and i do think that the one to pay closest attention to, no surprise, is the u.s. if you look at that s&p chart, the fact that we're clearing 2,000 with the type of momentum we have is hugely significant. so let's forget about whether it should be here. let's forget debate how it got here. let's just stick with the charts a minute and while i'm talking, i want you to see a one-year chart of that s&p and then look at the dow and realize that

shares of kors on he werings with ralph lauren and kate spade also reporting this week. we're looking at the space and hunting for the most fashionable and profitable retail stocks. we want to bring in courtney reagan who covers the beat. courtney, i feel like this is not a surprise. >> yeah, it's not a terrible surprise. i mean, retail, we know, experiencing anything but a boom. michael kors, though, usually uk abouts the trend, but growth comes at a cost. it's important to run through some of these numbers and understand what's going on. the premium accessory maker turning in quarterly earnings and revenue far exceeding expectations, raising forecasts as well. shares surged premarket initially but then reversed as the conference call began. current quarter guidance falling below consensus. margins expected to shrink for the year as kors investing in stores in europe. sales in europe more than doubling year over year, making up 20% of total sales. jeffries analyst is raising earnings estimates but cautious on kors. kors sales far exceed their competitors but many believ

coach, ralph lauren, smuckers, best buy, garmin are too worth $10 billion but you heard of all of them. jolene kent is here to justify $10 billion on snapchat which hasn't yet i believe made a single dime. justify. >> i'm here to tell why you this may have happened, stuart. what's interesting is you have cleiner perkins investing up to $20 million back in may. there may be another investor. a lot of serious interest in the potential monetization. stuart: serious interest. potential monetization. that's what we need to remember. snapchat, i send a message to you on snapchat. you receive it and it disappears in 10 seconds. >> it's really fun. i'm not an active snapchater, there are people who are older than millennial generation who are enjoying it. a good way to share. stuart: you think i in my geriatric years are going enjoy it. >> you have the potential. stuart: you tell me you have the potential to monetize that. how do you get money out of a message that disappears in ten seconds? >> there is video chatting on snapchat. different ways to communicate. there are rumors more features a

. >> i've got to show, my favorite, ralph lauren, he designed this is whath3:bÑ the kids are wearing.ng the jackets, shirts, hats, pants. all available ralph lauren store here on site, which is great opportunity for the fans to come out and shop. >> about 700,000 plus fans coming to the u.s. open. mary, thanks so much. it's all about the stuff, the fans, and, of course, being #better with friends. >> that's right. good reasons to be rushing to flushing. >> good one. look at that, cheryl just took us shopping. thank you very much. 19 minutes before the top of the hour. is the nation's top cop fanning the flames of racism? >> national outcry we've seen speaks to a sense of mistrust and mutual suspicion that can take hold in the relationship between law enforcement and certain communities. i personally understood that mistrust. >> well, a perspective you won't hear anywhere else is coming up next. >>> hit that button, kids. sleeping in can make you a better student. >> sleep till lunch. ♪ hit me with your best shot why don't you hit me with your best shot ♪ hit me with your best shot fir

. >> reporter: the polo tech shirt by ralph lauren packed with high-tech sensors embedded in the fabrictrate monitors. >> this is the only hardware on the shirt. >> that's it. nothing else, no other wires here. >> reporter: state of the art. >> yes. >> hard-working ball boys like eric testing the tees expected to hit stores next year. >> let's see how fast i can get eric's heart rate up. ♪ giving this guy a workout. all right. well done. how do you feel? >> i feel great. >> you're sweating. >> yes, a lot. >> do you think you'll be a lot more fit at the end of this tournament. >> i sure hope so. >> reporter: polo and other sportswear and tech companies trying to cash in on a wearable technology craze that already has hundreds of thousands of americans monitoring their activity on fitness wristbands. >> it's not just small tech companies talking about this anymore. it's, you know, a giant apparel brand. >> reporter: but for all that tech, it's the simple things that keep this ball boy happy. can i test to see if your shirt is still dry? >> yes. >> reporter: and it is. for "good morning am

no girls yet but ralph lauren practically invented classic preppy chic.st luxury fashion line to incorporate wearable technology with his t-shirt that's launching them into the fuehrer. at the u.s. open, tennis's top seeds may be serving up the action on court, but this year the ball boys are also getting attention, debuting one of the most cutting-edge accessories in sports, the real lauren polo tech shirt tracks the warer's heart beat, respiration, and movement. >> pretty cool idea. i like that it's actually like full on the body versus like say a watch. >> david lauren, an executive vice president at his father's namesake company says high tech can now be high fashion. >> to demonstrate this new wearable technology is an amazing plat fourm. for people to see it tested at the highest level. >> presenting the next evolution of wearable technology. >> biosensing silver fibers are woven into the nylon compression shirt. it measures stress, heart rate, steps taken and calories burned. no plugs, no wires. the shirt is the sensor. >> you're breathing shallow.

. >> after ralph lauren, after kors, margins down 50 points in macy's. >> more competitive, and, by the way, the retail sales number nothing to write home about. autos are competitive. this is amazing with the con finds of gasoline going down in price, chicken going down in price, thank you, putin, for sending prices down in our country with ban of our chickens. beef's come down, pork is down. >> record soybean and corn crops, the feed for so many animals. >> inflation was noisy at the top. stealing that from janet, don't buy pharmaceuticals to yellen, but this is all the piece. the piece is consumer is doing better, but is not -- being a very smart buyer. >> all right. what does it mean to carl's point for the manufacturers? in other words, i'm macys, i cut inventories because that's key, right? i can't give away what i don't have, which is a good thing, because i have less of it, i don't have to take markdowns, but ordering less than manufacturing as kate spade. >> not going to advance any doors, and kors was the hottest seller at macy's at christmas time. iff did not have perfect num

every store has a polo ralph lauren shop.ors, we have true religion, brooks brothers, tommy bahama. i could go on and on and on. these were brands that were never available to a guy of size. and now, he is literally blown away when he comes in the stores and sees the selection. casual male had 600 choices. the xl stores have over 2,000 choices. >> wow. sharon? >> let me ask you this question. this is sharon epperson, married to one of those guys who's 6'5", and i've been in your stores for holiday shopping. but again, those brands at the time years ago were not available. how are you going to let this guy know that you're now offering these types of brands and let them know that's a completely different store? what you're describing is not the store i walked into. >> it's apples and oranges. and look, we've made a decision to invest quite a bit in marketing in the first years to raise the awareness, to get the traffic in the stores. once we get them in the first time, we own them. these customers are coming back 80% to 90% re

and it's not just kors, it's numberbury, it's swatch and not to mention ralph lauren and coach.ning a lot of apparel and accessories companies are struggling, and this is a high flier that's gone from 10 to 100 and is now showing signs of real distribution. and all those things today, they were great! so, why is the stock down? >> yeah. is the market trying to tell us something? >> well, the market clearly sent a signal today, but i think the results indicated otherwise. i mean, given -- >> is this as good as it's going to get, maybe? >> i don't think so. i think one of the things they talked about on the call is a lot of the concern before the call started was on markdown exposure and increased markdowns versus a year ago. the company said, and our research actually validated that point, point blank that they had no more markdowns than they did a year ago, you know. more markdowns could certainly point to maybe a deterioration of the brand. that's not the case. and they did also talk about investment spending. that's always a term that worries investors. but i think the investm

people like ralph lauren, we don't know who the buyer is.sort of a mystery buyer at this point. but the under bidder was a person from thailand. this is truly a global market. collectors from all around the world in what used to be really an american sport or collector's world, and again, no sign right now that prices are going to go down. but we'll see. we got three more days. that was just the beginning. >> it's weird, robert. >> $38 million for a car. >> and it's an old car that's old. the technology is old. what does a brand-new top of the line ferrari cost? give me that, robert. i don't understand. there's two kinds of people in the world, right? >> you know, you could buy over 100 brand new ferraris. over 100 brand new ferraris for what it cost for this car, which is over 52 years old. >> yeah. >> so -- >> now the good news here -- with age everything gets better, right? >> that's what -- no. that's what -- well there's drugs for that. that's what happens. these people have too much money. >> there's no bubble in collectible car market

. >> ralph lauren designed this special hat for you know what?. >> this is a good segue, don't you think? let iggy azalea send us off. a bonus song for her fans here on t >>> well, good morning, everyone. it's 8:56. i'm scott mcgrew. california senator ted gaines hopes a special message and a symbolic gift will convince tesla's ceo to build that big battery factory in california. gaines plans to show up at tesla headquarters in palo alto today without an appointment in hopes of meeting elon musk. here you see the factory over in the fremont area. now, he's not said what the symbolic gift is, and, hey, musk may not even be there. california, arizona, nevada, new mexico, and texas all in the running to host the new battery factory. tesla recently announced that it had broken ground in reno, but that it could change its mind. we'll have more news coming up in half an hour. safeway understands you got to make every dollar count these days. that's why they have lots of ways for you to save. real big club card deals, the safeway app and gas rewards. th

ralph lauren jump suit.othing in the back. >> it was completely backless. it's like a mix of ellen degeneres in the front and j. lo in the back. she nailed it. sophisticated and classy. >> and you're thinking? >> in terms of fashion? >> yes. >> i saw lena dunham last night at the hbo party and she looked like she was going out on the top and then the bottom it looked a little muppets-like. it was very fluffy and red. she got criticism. but i think she takes risks. >> she took a chance. >> that's her personality. that's what you do when it's lena dunham. she even tweeted just so you know my emmy look looks like cake but it feels like sweat. and that's what it was. >> there you go. so our next pick. >> the next pick is claire danes. red was big on the red carpet. she was in a stunning dress. the side panels were lace and the back was completely lace. i thought she looked incredible. >> here's a question. i'm kind of surprised there was so much red on a red carpet. i mean, it's almost like you disappear. >> you

. >> ralph lauren started it years ago. >> so what do you put on top of the table?what am i doing? >> glue sticking. >> we love the lamp shades that come with lamps. designers don't use them. we switched them out for more stylish ones. add trim with just a glue gun. >> perfect. look how much better this looks already. >> put it right on top. >> finally, throw pillows. throw pillows are so inexpensive you can switch them out twice a year. have some solid ones that anchor the look. keep those out all year round. switch the colorful ones out twice a year. >> excellent. >> okay. >> i like it. >> everything here is under 50 bucks. it's not about spending millions. >> thank you. >> you want to head to the big city without big ticket prices. we have the tips to get you there. bobby thomas has the most to get for your money. but first these messages. on our honeymoon, sara was glowing. years later, she still is. nice'n easy color looks lit by the sun with luminous lowlights and shimmering highlights. she's more radiant than ever. nice'n easy, for the most natural shade of y

earlier this year jenny lauren, niece of ralph and apparent passenger from hell was fined 2,700 bucks allegedly getting drunk and air raging. a flight attendant claims lauren called her a fat, unhappy blonde [ bleep ]. she told the new york post the allegations are all lies and claims the flight attendants threatened me. the law is very strict about alcohol up in the air. >> an airline cannot by federal law serve any passenger to the point of inebriation. >> do you cut people off if you think they're too drunk? >> of course. we have to. they might not know it. we have tricks. their jack and coke might become a lot of coke and a little jack. >> it's fine if you get drunk and pass out? s >> it's not okay if you pass out. if something goes wrong on the flight, we can't be taking 160 limp noodles off the airplane. >> remember gerard depardieu? apparently after a glass or two he relieved himself not in the traditional place but the aisle of a plane. he came clean on the graham norton show. >> yes, i peed on the plane. >> these days, bomb threats are also a reality and they aren't funny. wa