Michael Kors Holdings Ltd (KORS.N)
29 Jun 2016
* Honorary Chairman & Chief Creative Officer Michael Kors' 2016 total compensation was $15.1 million - sec filing
* Michael Kors holdings limited announces senior management promotions
June 14 U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending.
June 1 Luxury goods retailer Michael Kors Holdings Ltd reported its strongest quarterly sales growth in a year on Wednesday and said it would join rival Coach Inc in aiming to prevent discounts that can result in a dilution of brand value.
* Dow down 0.15 pct, S&P down 0.1 pct, Nasdaq up 0.01 pct (Updates to early afternoon)
* Michael Kors Holdings Ltd says acquisition is expected to be accretive to earnings per share in fiscal 2018 and thereafter
* Sees FY 2017 non-gaap earnings per share $4.56 to $4.64 excluding items
June 1 Michael Kors Holdings Ltd's quarterly revenue rose 10.9 percent as demand increased for its handbags and accessories in the Americas, its biggest market.
March 13 Shares of Michael Kors Holdings Ltd could continue to rally as the handbag and apparel maker looks to expand in Europe and Asia and make a push into menswear, according to an article in the latest edition of Barron's.
LONDON British luxury fashion brand Burberry is to face a class action lawsuit in the United States, claiming it used misleading price tags at its outlet stores to fool shoppers into believing the goods were being sold at a hefty discount.