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Michael Kors reports "strong" Q4 despite headwinds

2015-05-28 11:06:19| Daily apparel & textile news and comment - from just-style.com

Luxury lifestyle brand Michael Kors Holdings said it was pleased with the strong performance across its segments and geographies in the fourth quarter, despite a number of headwinds.

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Tiffany and Michael Kors are big market movers

2015-05-28 00:40:03| Apparel - Topix.net

The seller of handbags and clothing issued a weak outlook and said sales are being pressured by foreign-currency fluctuations. The hydrogen power company signed a 10-year deal to supply Alston Transport with fuel cells for commuter trains in Europe.

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Michael Kors posts slowest revenue growth since going public

2015-05-27 17:21:02| Apparel - Topix.net

Michael Kors Holdings Ltd reported its slowest quarterly revenue growth since it went public in December 2011 as demand for its handbags and accessories weakened in North America, its biggest market. Shares of the company, which also forecast full-year sales and profit below analysts' expectations, fell as much as 19 percent to a two-and-a-half-year low of $49.03 on Wednesday.

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Mortgage Applications Drop, Tiffany Beats but Michael Kors Doesn't

2015-05-27 16:34:14| Jewelry - Topix.net

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Michael Kors' profit, sales outlook disappoints

2015-05-27 15:11:24| Apparel - Topix.net

Michael Kors Holdings Ltd. said its earnings grew 13% in its latest quarter, helped by new store openings and a lower tax rate, but the retailer warned that current-quarter results would fall short of expectations. Chief Executive John Idol said the company faced a number of headwinds in the period, including a stronger dollar, which is expected to persist.

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