Coach Inc


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  • Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter, disappointing investors used to the luxury accessories retailer's spectacular growth over the past three years. Shares of the company, founded by fashion designer Michael Kors, fell as much as 6 percent on Thursday. Michael Kors has a history of beating estimates...

  • Feb 5- Luxury accessories retailer Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter after North American same-store sales in the holiday shopping period rose at the slowest pace since the company went public in 2011.. Michael Kors increased discounting and offered more promotions in the quarter, in contrast to Coach...

  • Feb 5- Michael Kors Holdings Ltd forecast a lower-than-expected profit for the current quarter as heavy discounting and increased promotions weigh on the luxury accessories retailer's margins. Analysts have expressed concerns about Michael Kors' recent spike in discounting and promotions, in contrast to rivals Coach Inc and Kate Spade& Co..

  • Coach, beware of new competitors: Strategist   Thursday, 29 Jan 2015 | 8:46 PM ET
    Coach, beware of new competitors: Strategist

    Daniel So, Strategist at CMB International Securities, says Coach reminds him of the embattled fashion group Esprit and it needs to fend off competition from rivals like Michael Kors carefully.

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