ralph lauren, instagram is the way they are selling i love the ralph -- the ralph lauren quarter i havehip on tonight about levis. they had a great denim number. >> polo growing wholesale for the first time in four years >> isn't that amazing? >> there was an easter benefit in there. >> still monaco -- my wife likes the monaco label china, really good china numbers really good. there have been some china tariff issues. they have not been a winner but they transcended them. matthew borsch was using a number of two. these guys beat the numbers. i think it is an underappreciated story it is better so far what what we have seen from others. >> yes. >> i have got to hand it to them i think he has the he is could he has the engine. he is turning it some of the other guys -- >> to circle back on proctor after coke, after pepsi, after bud, after union lever, what's going on -- they are all great quarters. >> quincy. i was not -- i lapped to think james quincy is amazing. because he rares his brains lightly. that was a remarkable quarter. and he is expanding everywhere it is really across the bo

. >> plus, ralph lauren and le le strauss in the red, both downgraded to sell at goldman sachs. >> andiff fueled strategy shift. apple reportedly set to begin trial production of air pods outside of china and into vietnam. another case of big tech under international scrutiny amazon facing a formal eu antitrust investigation into its dealings with third party merchants. european competition commissioner margaret says based on the commission's preliminary fact finding, amazon appears to use competitively sensitive information about marketplace sellers, products and transactions on the marketplace and response amazon issued a statement saying, quote, we will cooperate fully with the european commission and continue working hard to support businesses of all size and help them grow. this is the last thing some of these companies -- >> i would point out that they just brought an agreement with germany that was very -- very acceptable to germany. i think the eu will do it. we have a segment run by afternoon people at the network. called check please. i think that's applying to all of our tec

this is my retail play because people are spending on experiences, not on ralph lauren sheets and notlvin klein jackets. they're spending it on travel. >> and that experience is going to newark. >> abbott labs, a solid 3% gain today topping earnings brenda, abbott labs. you own it how long have you owned? >> we've owned it for several years. for all the right reasons. they reported a great quarter with great organic growth that exceeded expectations. raised guidance. due to a lot of new products they've launched gaining good traction with that's poised to continue. we continue to like the stock in the health care sector it's not impacted by the economy. this is going to do its own thing. it's growing with new products, and we really like it. >> good call by morgan stanley raised their target yesterday on abbott labs to 93 and the stock is up. >>> stock four, a name we don't talk about very much comerica reporting second quarter earnings below consensus. they are working to better handle interest rate changes shares down 4% today what do you think of this? >> should have been down wors

>> riding around in the atv ralph lauren gave her a gift or walk around one of her six estates -- youls prepared by your private chef. >> we have peaches because gail's here. >> i never invite cameras into my home. i don't even invite my own cameras. >> i was lucky enough to be at her home before, but now she's welcoming everyone else with her new series, saturdays with oprah so see how she spends per down time. >> i love the poppies. >> can we all be honest, we just want to be oprah. if oprah is 1rksa, then beyonce is 1b. she closed down the falls at the canyon. "e.t." learned she was at shooing a music video the "lion king". she is no doubt the queen. we fold her long before the coronation. >> i love to eat ice cream, pizza, all of that, but foxy has to be fit, so i have been eating salads and all that stuff i don't like. >> i'm foxy and i i'm a whole lot of woman! >> i had to give up popeyes. i had to give up chicken. >> her first on screen kiss was mikemmy myers. >> i think he was nervous, because he missed my mouth. >> she was still in destiny's child in 2002 and confided in us s

cheryl: forget old navy or ralph lauren, we'll tell you about one of the biggest places that people area new accessory that should make your summer fun a little more, well, fun. you're watching "fbn: a.m." ♪ sweet home alabama. ♪ where the skies are blue. ♪ sweet home alabama. ♪ lord, i'm coming home to you. ♪ . .. lauren: can you buy love? some people buy it at macy's, other cosco, cosco reportedly selling $7 billion more than old navy and ralph lauren. sales by the fact that stores sell brand in addition to cosco's kirkland brand, sales going up 9% since 2015. >> you can also get proseco at cosco. here is a bag for you, one company refino makes proseco partnered with sticky baby, this will hold the proseco you need, 6mini bottles of the stuff, water proof if case you want to keep on ice. lauren: awesome. sign me up. hallmark gaining reputation of holiday movie of mix-match couple that falls in love and bake, new competition show, christmas cookie countdown. cheryl: this is rip-off of the british baking show which is a huge hit and i've been watching on netflix because somebody recomme

kids serve as brand ambassadors for household names like ralph lauren, target and macy's. >> there aresiness people and they want to make money for their family. >> reporter: and social media is quickly becoming the tool of choice for parents to put their children out there. is it really the new casting call? how has instagram changed the game? >> it's a really great marketing tool. i would say my business was basically built off social media. >> reporter: do casting directors look at a potential model's instagram feed to see how many followers they have? >> they just want to see the kids candidly, what does the kiddo look like when they're just being a kiddo? >> reporter: here in new york we're behind the scenes at a photo shoot with these kid models who are trying to make it big. >> my work is taking pictures. >> reporter: your work is taking pictures? >> yeah. >> reporter: do you go to school yet? >> yeah. >> reporter: kindergarten may be their day job, but afterwards it's straight to the studio. what's your name? >> jalel. >> reporter: how about you, do you have a good pose? do you

i don't know if it is already in it i don't own ralph lauren i own capry which is not so hole sale leaddo only that, i will continue to own that. i think their customer is fine i own target, which was also one of the names. >> right. >> they do like. i like those two i also own foot locker, which is not something they would like. they don't want you to be the -- >> in between. >> right but the valuation of that is so cheap that i just absolutely can't sell it. >> so, i mean, if there's a whole sale pressure, then those outlets that sell the goods on the companies behalf may be getting crushed, mark. how do you interpret the call and where would you go >> yes, i mean if you think about it where do all of the polo shirts and all of the levis go with nobody buys them at macy's and kohl's. >> tj max, baby. >> tj max is the play here we love that one and own it. off price is something that can work when the economy is good. it can work when the economy is bad, and consumer's love the treasure hunt experience they love it >> i love the tj max myself >> is it home goods, you go in both and get

that is more than ralph lauren, neiman marcus, or the old navy, gap and banana republic stores combined at costco have grown about 9% over the last four years. it is popular because it covers upscale labels. shoppers like the convenience of shopping for clothes while shopping for food. >>> new this morning, nasa successfully test a crucial system aboard the orion spacecraft that is designed to carry humans become to the moon. >> this is computer generate video of what today's launch looked like. the demonstration model of the capsule without a crew on board launched from florida just after 4:00 our time this morning. when the booster rocket was about sick miles above earth, the new abort system fired and pulled way from the booster. it is programmed to do that automatically if there is an emergency during a launch with the crew onrd pipe former nasa intern is set to make million after an original moon landing film. was auctioned off. >> the only surviving recording was mixed in with more than a thousand reels of nasa's video days back in the 70s when nasa started selling them to cut cos

they sold $7 billion in clothing last year according to the "washington post" that is more than ralph laurenmeman marcus and all of the old navy stores combined. clothing sales at cosco has grown. and they say it is popular because it offers upscale labels and its much less kirkland brand. it is convenient to shop for clothes when you shop for food. >>> according to the wall street journal, wal-mart is using a virtual reality headset to see how workers would handle different situations, that includes dealing with an angry sloper or coming across a messy aisle in the store. the training is being used in many businesses as tool and to assess technical qualifications of pilots and electricians. >>> the 4th a time for getting outside and some of your closest family members might not enjoy the holiday so much. we have a guest now to explain pets once those fireworks get started. >> hello. thank you. we welcome the practicing vet fairian and -- veterinarian, and how to keep your pet safe for pets. >> yes. more dogs are lost on the 4th of july every year. >> they run away. >> and also the ash cans

one i was talking about with one trader, ralph lauren. sales being a problem for them.ut getting rid of their company jet because after cultural shift. these are little tidbits i heard on the floor this afternoon, liz. i will throw it back to you. liz: we heard that during the financial crisis. kristina, we're looking at flows. we're saying risk off, people are waiting for gadot. >> if you talk about the balance sheet. we have not brought that up enough. seems like a lot of traders around me are wondering if they continue withing tightening, 50 billion, shrinking it lower. should there be further tightening? or will they hold off, taper off. that could create more volatility in the market. everyone is expecting a 25-point basis cut. a few expecting more. you're right in that sense it will happen. liz: once again we got a new data point, consumer confidence. we also got, it soared basically. we get that data point, that for some makings them believe it gets harder to justify even a quarter-point cut but the fed has been very clear. es especially with the vice-chair on of

maria: ralph lauren had restaurants too, they are doing ralph's coffee, retailers getting into food,don't see the connection between the american west and coffee but, again, which is the origin of the ralph lauren style, anyway, i digress. maria: winners on parade today, parade later this morning, highlights in sports coming up right after this break, back in a minute. this is the couple who wanted to get away who used expedia to book the vacation rental that led to the ride ♪ which took them to the place where they discovered that sometimes a little down time can lift you right up. ♪ flights, hotels, cars, activities, vacation rentals. expedia. everything you need to go. expedia. don't miss your gto experience our most advanced safety technology on a full line of vehicles. now, at the lexus golden opportunity sales event. lease the 2019 es 350 for $379 a month, for 36 months, and we'll make your first month's payment. experience amazing. maria: welcome back, somewhat exciting mlb game, jared max with all the highlights, jared, good morning. jared: great game last night, all the talk

that's the tennis star shining in that ralph lauren gold cape and golden stilettos.to get thmagazine to see what the real thing looks like. >> and it will not have that skinny censor over it. get that out of the way, show the people what they want to see. >> you go, serena. >> so stars, they're just like us. >> they are, right? we start with living legend barbra streisand flying her three precious pooches 10,000 miles from l.a. to london just to watch her perform at london's british summertime concert. a source tells "the sun" that no expense was spared for the dogs backstage. by the way, these aren't just any dogs. >> they're not? >> two of them were cloned from another that died a few years back. >> aww. >> at an estimated cost -- look at them on the gravestone -- $100,000. >> whoa. >> because stars, they're just like us. >> okay. next, mariah carey is opening up about her sexual history in an interview with "cosmo." the singer describes herself as kind of a prude in terms of the number of sexual partners she's had. five to be exact. but in her words, while it's no

you can buy a ralph lauren polo shirts for $40. if you don't want to pay netflix, amazon prim or hbo subscription you can by a scrambler for $130 produced legally in brzle. but low priced in paraguay. the phone you buy i'm not sewer is authentic. the polo shirts are produced in a sweat shop using illegal immigrants or overworked underpaid workers. somewhere else in latin america. then it has been shipped by contraband across the andes and so on. so the entire the triborder economy, especially on the paraguayen side. the role. hezbollah financiers is manage an enormous volume of trade, both fake and authentic. a lot of merchandise comes. but a lot of false invoicing is generating to move value. and the movement of value is put to the service of criminal activities. paraguay has been increasing for drugs from bolivia on first of all to the local brazilian market, which is explodes as a cocaine consumer but also to be shipped to europe, africa, to the united states, and even beyond. the presence of the incredibly efficient well-oiled