Michael Kors
Michael Kors Beats Earnings Estimates After Overseas Sales Grow
Michael Kors Holdings Ltd. posted first-quarter earnings that topped analysts’ estimates after overseas expansion helped make up for a slump in North America.
Michael Kors Shares Trade at Clearance Prices After Growth Cools
Once the hottest fashion stock on Wall Street — driven by soaring sales of its $300 handbags —Michael Kors' shares have lost almost half of their value this year.
Slump at Coach and Michael Kors to Continue, Analysts Say
Shares of Coach Inc. and Michael Kors Holdings Ltd. took a hit on Monday after analysts warned that slumping sales will probably continue.
Michael Kors Settles US Lawsuit Alleging Deceptive Price Tags
Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big bargains.
A Bumpy Ride
The Savigny Luxury Index (“SLI”) ended the month of May up shy of one percent after a bumpy ride, whilst the MSCI World Index (“MSCI”) climbed two percent.
A Reality Check for Fashion's Status Quo
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Power Moves | MyTheresa CFO, Ostwald to Kors, Cerruti Loses Artistic Director
BoF compiles the most important professional moves of the week.
Michael Kors Beats 4Q Profit Forecasts
Michael Kors Holdings Ltd. on Wednesday reported fiscal fourth-quarter net income of $182.6 million. The results topped Wall Street expectations.
Etsy Investors Sue for Fraud over Risk of Counterfeit Goods
Etsy Inc. is facing fraud claims from investors after allegations that millions of items sold through its online crafts and specialty wares marketplace likely violate trademarks.
Op-Ed | Celebrity Fashion Hijackers
Is fashion’s love affair with celebrity labels going out of style? Au contraire, argues Teri Agins.