Apparel: Dressed for Success


Q: Any stocks you recommend selling?

A: I do have two sells: AnnTaylor Stores (ANN ) and Tommy Hilfiger (TOM ). We see a lot of work ahead for ANN as [Katherine Lawther] Krill has been made president of AnnTaylor Corp., following her success at AnnTaylor Loft. I'm worried that Loft will flounder as she focuses her energies on Loft's older sibling. I think that both concepts are really appealing often to the same woman.


Steve Ballmer, Power Forward
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