that dollar got weaker since then just like pvh ralph lauren is doing better than expected everywheres strength in europe and asia and half of the chinese stores were closed during the quarter because of lockdowns rl was up 33% on a constant currency basis and even in the troubled north america market, they were up 3% and been disciplined about controlling cost and digital business is growing like a weed. that's where the margins are in. response the stock jumped up 6% in a single day as it should as i told you when they reported because i love the quarter we're tacking on another 9% gain after the analyst published glowing reactions to the quarter. other than being well managed, we get the sense ralph lauren is benefitting from the return to in person work and general reopening because people need nicer clothes if they're not stuck at home all the time this is encouraging. this is before my wife cleaned out the midtown store. that will hit next quarter and look, this is a pattern here, people we got better than feared results from contour brands, the parent of lee and wrangler jeans

>> i want to be in value and i said to be in brands brands like ralph lauren will continue to grow underwill benefit from the strength, both in makeup and in skin care. i think of companies like deckers whose innovation continue to show appeal. and tjxx and wall matt, those will win >> is the clover all-mood going to be too depoliting >> luxury overall, that consumer always has more to spend even now we're talking about the rate of growth mod rating, but more importantly, it's continuing to grow there's big opportunities from the reopening of china, and luxury trades at such great margins, and it leads them to continue to have, in my mind, a better to 23, especially if china reopens. >> dana, thanks as always, great to get your take mike, it brings to minute the nugget of good news with nike, though others argued they're essentially a one-off. >> to a agree, yeah, that category seems to be one of the bright spots what dana was alluding to, some of the stocks that pulled the pain forward 678 like a best buy, often a cheap stock, continues to look cheap, 0.4 sales ratio -- price-to-sales r

which of these stocks do you think come out ahead >> i think ulta, ralph lauren, dick's sporting goodsypes of consumers shopping costco and you're seeing companies like ralph lauren which has expanded the purview of who they're appealing too. >> it's funny. macy's, walmart. it's not just one group that's going to do well or not just the discounters, not just middle market, not just luxury. but you're going to pick names in each one of those. >> exactly the reason why i'm doing that, every company today, they're executing with agility if you have expecting the unexpected which is my theme for 2023, it requires agility. you look at what macy's has been doing, whether it's adding new categories, lmvh and what they're doing, i think you have to have -- you have to be innovative in order to drive wallet share every category, you'll have wallet share being driven even at the lower, middle income level. what are you offering them either in price, product or value. >> these picks that you made, do they reflect your conviction for the coming year? there's a lot of questions about additional con

msnbc's not review these text messages requests for comment has also made to meadows and ralph lauren neither has responded. >> it's been two years and that has to mean a look at it. to pam said after 40 on that particular text i never heard back for the congressman. with that, let's get smarter the help of our lead off panel, we just named co-anchor of cbs news our and msnbc tribute are. luke broadwater, closer prize -winning congressional reporter for the new york times, and andrew, weisman former fbi general counsel and senior member of the weather probe, he's now a law professor and why. you mister wife and i want to start with our breaking kisses tonight. sam bankman-fried, arrested in the bahamas, what are we gonna hear from prosecutors tomorrow and should be expecting the least shipping him back to the u.s.. >> to answer last question, yes, i suspect the reason for that sort of alacrity of what they did, is trying to make sure that they could grab him and make him come back to the country. we -- getting him back to new york so i think it's gonna happen. the reporting and hear a

4.5% off the lows of the session actually, tapestry is down 2% same with capri holdings, polo ralph lauren down 1.8% bath & body works down nearly 4% and tech suffering the same as the dow only worse after decent gains to kickoff the week wednesday the reversal began with an 86 point loss followed by yesterday's more turbulent drop of 360 points. you can almost pin point the markets overall sharp mid- week reversal to a point during fed chair jay powell's press conference wednesday afternoon. remember this? that is when he repeated the newest it matt for the terminal rate meaning how high interest rates may ultimately have to rise before he and his federal reserve team will pause the rate hikes. september, the fed had said we'll stop at 4.6% but now, yeah , they need to see it go higher 5.1%. so the fed does appear to be working though and slowing the economy but will it stop the stock market dead in its tracks? to the floor show on this friday , we have to get kpm g chief economist dianne swonk on because she knows better than just about anyone how to read the feds projections and trader

it's down almost 11% and it's dragging down other apparel makers ralph lauren, pvh down about 3%, jon. >> stocks taking a leg down as investors fear the fed's going to continue to tighten into a recession. our next guest expects the fed to pivot and see some opportunities in big tech but cautions against companies in transition let's bring in michael yoshikami, founder and ceo with destination wealth management. michael, you expect the fed to pivot if there's a recession, but i mean even with a mild recession it just sort of seems like the fed's been signaling they're not going to conductors they're going to hold things at a certain level for a certain period of time, no >> that's absolutely what they've been signaling, but i don't believe that's going to be the case the federal reserve tends to make these pronouncements and then they adjust as they go along. and i think if the economy does seem to be slipping into recessionary territory there will likely be some overlap in terms of interest rate increases as the recession occurs. but i think the fed would very, very quickly pivot and

she would have christopher radko, ralph lauren, you would see the council of fashion designers, the societyof needlepoint, you name it, and they would come to the white house during the clinton administration and come help this society of decorative painters came a couple of times. here you see the council of fashion designers. they are in the bottom one. you can see kate unger designed a suit for mrs. claus and mrs. clinton was real funny. during the media tour, she walked by and said, i think mrs. claus is going to need to go on aiet. so in here that year, roland messina and follohe tme of athena's workshop, created a santa's workshop, gingerbread house, one of my father's most favorite years during her administration was 1999 ho treasure. she did a lot for restoring buildings. every building that they lped secure funding for, she put on display throughout the white house little replica miniature replicas on mantles and pure tables. here you can see a seated dinner in the red room in that year. roll on messina doing holiday treasures had washington display dc made out of gingerbread so yo

ralph lauren had a good quarter. i think lu lu's quarter is going to be great this week.his company has lost its way, and i think that northface is losing share to columbia, and i really think that this was the premier name in the group, and they got to calm this thing down >> we're going to look for some color out of lulu and rh, where we tend to get a lot of color. >> i just want rh to be -- note to gary freedman calm down. everything will be fine. you're fine. >> you think that's the tone he's going to give >> i want him to not feel like -- i mean, his stuff is fantastic. i mean, just -- i mean, everyone else is worried about china, and 40% manufacturing down for u.s i think that what gary has to do is recognize, like williams sonoma, there will become another day. you know tomorrow is another day. kind of like a "gone with the wind" thing. >> do you have any insight on this vf? i don't, unfortunately >> intrigue? >> it does appear it was like, don't let the door hit you on the way out. >> it was. >> to move immediately like that and put a lead independent director as

. >> but added in the navy blue to elevate it right out of a ralph lauren ad or that nancy meyers moviean it up. it will be gone by the end of the night. charcuter-tree. >> say that three times fast. >> the whole family gets involved. mix in meats, cheese, fruit, if you're vegetarian do all veggies, dessert version. >> i love it. >> so fun. >> i might have a little piece of cheese. >> i'll let you do that. smells like a cheese board at 8:00 a.m. >> really good. >> for folks who haven't put their trees up, is there one big tip you want to impart. >> it's all about what represents your style at home, which is why i was so happy to show three really different styles. at the end of the day it needs to make you feel good, smile. have fun with it. don't be too precious. add more, take some away, i tweak it. >> what does it look like? >> that one. >> the traditional plaid one. >> yes, i bet you put your plaid shirt on to decorate it. >>> we have more on will and kate in boston for a cause very close to their hearts. stay with us. >> announcer: looking for the most amazing holiday gifts to give

ralph lauren, i you know. no, no . anyway, i've got an only. have i got on fashionable clothing.ot from fashionable opinion again. oh hello . i don't opinion again. oh hello. i don't know you saw the story know if you saw the story earlier this week about the german call that convicted a 97 year old woman for being an accessory to murder as because of her role as a to secretary the ss, commanded thousand deaths and thousands in the constant station camp during world war ii. erm guard ferghana was a name . now look i'm, i'm was a name. now look i'm, i'm all for pursuing war criminals , all for pursuing war criminals, you know, obviously i don't think, i'm not sure that anybody isn't in favour of pursuing war criminals, but i do question why on earth this particular woman was pursued in the way that she was. because she was an 18 year old secretary to the commander in that particular concentration camp . now, it's all very well us camp. now, it's all very well us here pontificating and saying, look, you know, if we were in that situation, we wouldn't go along with any of this and a

ralph dehaven. we hear from in a moment, ethan carr and lauren meyer, to better understand these immense contributions to spanning a contribution spanning from the monu mental writings of yosemite report and the organic act, which created the national park service to the enduring conservation efforts to the expansive design work within the park service itself. this report produced a robust body of research and design on the i'm sorry, on the design and planning work of frederick olmsted senior. his sons george charles olmstead and fredrick olmstead jr and their many associates and, the olmsted office. much of this research was well in line with the core goal of the park service as it entered its second century emphasis really focusing on an emphasis on lesser known or secondary stories of sites that we care for within the park service. we've become accustomed to our origin story in the founding law, most often, including a campfire. but which we all get sucked into. but. but their research challenges the story. you know, this the research that was done challenges the story in the best way possible. an