Warm winters mean investors’ cold shoulder for coat makers

Jed Kim Dec 2, 2016
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Pedestrians walk along wet and slushy streets in Manhattan as warmer temperatures melt snow on January 27, 2016 in New York City. Spencer Platt/Getty Images

Warm winters mean investors’ cold shoulder for coat makers

Jed Kim Dec 2, 2016
Pedestrians walk along wet and slushy streets in Manhattan as warmer temperatures melt snow on January 27, 2016 in New York City. Spencer Platt/Getty Images
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It’s December, and if you’re heading out to do some shopping right now, you’ll notice a few things. One, there will definitely be annoying holiday music playing. Two, pretty good deals on coats, if you can find them. Three, for a lot of the country, it doesn’t feel like December weather-wise. Warmer winters are shrinking the market for winter clothing — and for the shares of companies that make it.

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