Ralph Lauren and Michael Kors Both Post Quarterly Profit Beats

In this Market Foolery segment, host Chris Hill and Million Dollar Portfolio's Jason Moser consider what these two high-end apparel and accessories sellers are doing right. The Michael Kors (NYSE: KORS) story is one of expansion and improvement as it looks to become a true global fashion-luxury group, with acquisitions like footwear maker Jimmy Choo. Ralph Lauren (NYSE: RL), meanwhile, is doing less discounting, which is paying off for the brand and the margins.

A full transcript follows the podcast.

Source: Fool.com