Who Will Amazon's (AMZN) Private Label Impact? - Nomura

Nomura/Instinet analyst, Simeon Siegel, reiterated his Buy rating on shares of Amazon.com (NASDAQ: AMZN) after performing checks on Amazon Essentials, Amazon's private label which seems to be coming, in part, at the expense of Hanes. Noting this trend in recent weeks, the analyst reviewed which brands are more or less promotional.

The results showed KORS, and Fossil less promotional, Anthropologie flat to less promotional depending on the weekend and Victoria's Secret, more promotional over multiple weekends.

For an analyst ratings summary and ratings history on Amazon.com click here. For more ratings news on Amazon.com click here.

Shares of Amazon.coAmazon (NASDAQ: AMZN)
m closed at $1517.86 yesterday.

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