Wainwright, accompanied by an orchestra, performed upbeat Judy Garland songs as Kors’ models jaunted down the runway. He closed the show with “Get Happy,” which Garland performed in the 1950 film “Summer Stock.” Rather than …
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 …
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 …
These are external links and will open in a new window Luxury shoemaker Jimmy Choo has been bought by Michael Kors Holdings in a deal which values ... In 2014, Jimmy Choo listed on the London Stock Exchange, by which time JAB, …
Emerald Oil (NYSE: EOX) 64.7% HIGHER; elected not to proceed with its previously announced public offering of …
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 …
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 …
At the same time, it announced a $1 billion stock repurchase program. Its revenue decreased 11.2 percent to $1.06 billion in the fourth quarter of fiscal 2016. Michael Kors is a high-end fashion chain with nearly 400 stores in the Americas, …
It's an interesting move, considering the Kors brand, in recent months, has seen its stock fall to the lowest its been in five years, and has announced it would be shuttering 100-125 of its brick-and-mortar shops. Per Bloomberg, Luca Solca, an …