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Michael Kors has identified a huge weakness in its business - and it should terrify Macy's

2016-02-08 05:03:46| Apparel - Topix.net

Despite strong gains in the overall business, the handbag retailer says it saw a decline in North American mall traffic. "We believe that mall traffic in North America is going to continue to decline," Idol said.

Tags: it business should michael

 

Michael Kors - Cutting Capex Is The Key To Building Shareholder Value

2016-02-07 12:13:02| Apparel - Topix.net

KORS expects capital spending to decrease in its next fiscal year. This shift could be the catalyst to a significant upward movement in KORS.

Tags: key value michael building

 
 

Michael Kors "pleased" with Q3 despite profit drop 

2016-02-03 18:37:00| Daily apparel & textile news and comment - from just-style.com

Luxury lifestyle brand Michael Kors has said it is "pleased" with its third-quarter trading performance after sales were bolstered by strong growth in Japan, but profit slipped 3%. 

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With holiday sales hot, Michael Kors shares gets lofty

2016-02-03 10:33:16| Apparel - Topix.net

The luxury retailer post better-than-expected results during the fiscal third quarter, which included the critical holiday shopping season, and issued strong guidance for the year. Almost all retailers that sell winter goods like boots have been hit hard by winter weather that is anything but frightening.

Tags: sales hot michael holiday

 

Fitbit Is Officially The New Michael Kors

2016-01-07 16:15:24| Footwear - Topix.net

KORS has been unjustly beaten down for more than a year, until the short thesis finally started to play out. FIT has become similar, with the stock incapable of realizing any of the countless positives in favor of a potential outcome predicted by shorts.

Tags: michael officially kors fitbit

 

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