For Express, This Quarter Was an Epic Fashion Faux Pas, According to Jim Cramer
Express shares tumble on earnings, and Jim Cramer says it is because Express is out of touch with what the customer wants,
Express (EXPR) is out of touch with what the customer wants, according to TheStreet's Jim Cramer. Express reported weaker than expected earnings and issued downbeat guidance. Cramer says Express has the wrong merchandise so it can't attract sales. Cramer added that La-Z-Boy (LZB) has a similar problem, but Ralph Lauren (RL) is an example of a company getting fashion right.
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