Michael Kors reported a bigger-than-expected drop in comparable sales for the holiday quarter, and issued weak forecast, sending its stock down. Fred Katayama reports.
Dead Stock At many stores, the handbag selection from several high-end labels was significantly smaller over the holidays. In the final three months of 2016, the number of new styles introduced by Michael Kors dropped 24 percent …
Michael Kors Holdings shares have declined 16 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed nearly 8 percent. The stock has declined 13 percent in the last 12 months. It closed Wednesday at …
The fashion designer Michael Kors is seeking a luxury price tag on his stock. His company’s initial public offering, expected this week, would value it at up to $3.6 billion. The metrics are in line with Prada, which listed earlier this year. …
Analysts from Jefferies said the deal could help Michael Kors rebuild its brand name, though that would happen in the longer-term and not have an immediate impact on the company's stock. “We believe the strategic steps Kors is making …
Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views. (ShareCast News) - Michael Kors' acquisition of Jimmy Choo has been given unconditional clearance by the European Commission following a Phase 1 …
Kors Holdings priced its initial public offering at $20 and the stock began trading on the New York Stock Exchange under the ticker KORS the next day. Now a $1.3 billion empire, it’s hard to believe the company was a $20 million-in-revenue …
Michael's biggest coup to date was when his company, Michael Kors Holdings Ltd., went public in 2011 and he described ringing the bell at the New York Stock Exchange as his "proudest moment". The popular accessories and womenswear …
* Michael Kors Holdings Ltd says announces new $1 billion stock repurchase program * Michael Kors Holdings Ltd …