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Stocks Michael Kors Holdings Ltd


  • What to do when the Stock Exchange calls on Rule 48 Tuesday, 1 Sep 2015 | 11:16 AM ET
    Trader on the floor of the New York Stock Exchange.

    The New York Stock Exchange invoked the largely unknown Rule 48 four times in the past week. Here's what the market usually does in response.

  • Aug 6- Michael Kors Holdings Ltd reported better-than-expected first-quarter sales and profit and reaffirmed its forecast for the full year, surprising analysts who had expected the company to lower estimates to reflect a slowdown in the handbag market. Kors had forecast revenue of $4.7 billion to $4.8 billion for the year ending March 2016.

  • *Disney, Viacom lead media selloff. Viacom fell 22 percent to $39.57, their lowest in almost four years. Twenty-First Century Fox fell 12.3 percent, while Time Warner, Comcast and CBS were all in the red.

  • *Michael Kors jumps after results best expectations. Aug 6- Wall Street fell on Thursday morning as investors traded on earnings, with Walt Disney's warning on its cable business continuing to haunt media stocks. Time Warner, Discovery Communications and CBS were all in the red.

  • *Mondelez rises after Ackman buys $5.5 bln stake in co. *Michael Kors jumps after results best expectations. *Fitbit, Tesla fall after results.

  • Aug 6- Michael Kors Holdings Ltd, best known for its handbags, reported better-than-expected first-quarter sales and profit, citing "solid" demand for accessories and footwear. Michael Kors, once among the hottest names in the "affordable luxury" sector, has been focusing more on accessories such as watches as demand for handbags slows. Michael Kors' same-store...

  • Michael Kors sales rise on higher sales in N.America Thursday, 6 Aug 2015 | 7:17 AM ET

    Aug 6- Handbag and accessories maker Michael Kors Holdings Ltd reported a 7.3 percent rise in sales, helped by higher demand in North America, its biggest market. Net income fell to $174.4 million, or 87 cents per share, in the first quarter ended June 27, from $187.7 million, or 91 cents per shares, a year earlier. Revenue rose to $986 million from $919.2 million.

  • Why Coach shares are up despite another sales drop Tuesday, 4 Aug 2015 | 1:20 PM ET
    Redesigned Coach store on Rodeo Drive in Beverly Hills, Calif.

    Coach's transformation is starting to take hold—though you may not know it by looking at its sales performance.

  • Cramer: There is hope for Coach Tuesday, 4 Aug 2015 | 11:27 AM ET
    People walk past the illuminated facade of a Coach store.

    It's not all doom and gloom for luxury goods maker Coach, CNBC's Jim Cramer says.

  • Aug 4- Handbag maker Coach Inc reported better-than-expected quarterly profit and sales, helped by the acquisition of luxury shoe brand Stuart Weitzman Holdings LLC and some recovery in demand in North America, its biggest market. Coach, which is facing fierce competition from newer entrants such as Michael Kors Holdings Ltd, Kate Spade& Co and Tory Burch LLC, is...

  • Coach, which is losing customers to newer entrants such as Michael Kors Holdings Ltd, Kate Spade& Co and Tory Burch LLC, is trying to revive sales by consolidating its stores and diversifying into other product categories. Coach bought Stuart Weitzman from private equity firm Sycamore Partners in a deal valued at $574 million to expand its high-end offerings.

  • Luxury stocks, already cheap, get even cheaper Monday, 3 Aug 2015 | 4:15 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The luxury markets worldwide are under pressure again.

  • Out with luxury retail, in with off-price: Analyst Monday, 27 Jul 2015 | 12:14 PM ET
    A TJ Maxx employee and customer at a store in Washington, D.C.

    Retailers specializing in off-price merchandise are positioned to win as investors shun fashion risk and look for quality, Oliver Chen tells CNBC.

  • Your first trade for Wednesday Tuesday, 30 Jun 2015 | 6:21 PM ET

    The "Fast Money" traders give their final trades of the day.

  • Macy's stuck in a 'rut,' with few options: Analyst Monday, 29 Jun 2015 | 1:43 PM ET
    A shopper carries a Macy's shopping bag

    Deutsche Bank analyst Paul Trussell downgraded Macy's, citing "low confidence that the company can bust out of its same-stores sales rut."

  • Retail investors: What to watch in the second half Monday, 29 Jun 2015 | 6:00 AM ET
    Pedestrians pass in front of a Gap store in New York.

    After contending with port strikes, a long winter and the impact of a stronger dollar, retailers are hoping to move past the noise.

  • Facebook's Cox shows immersive future of mobile ads Tuesday, 23 Jun 2015 | 8:00 AM ET
    Facebook's Chief Product Officer Christopher Cox.

    Facebook's Chief Product Officer Chris Cox has told ad executives that he has a new mobile format for crafting more immersive and interactive ads.

  • NEW YORK, June 12- 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. Michael Kors was accused of creating an "illusion" of deep discounts by using tags containing made-up "...

  • Retail stock investors having a tough year Thursday, 11 Jun 2015 | 10:14 AM ET
    A customer browses vehicles at the Mercedes-Benz of San Francisco in San Francisco.

    May retail sales were in line with expectations, but this has been a very uneven year for retail equities.

  • Luxury goods face a global reckoning Wednesday, 10 Jun 2015 | 10:39 PM ET

    As if the luxury goods industry was not already fragile, the chairman of Richemont, warned of the damage it faces from growing wealth inequality. The Financial Times reports.