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Luxury Group Michael Kors (KORS) will now be known as Capri Holdings Limited. Effective January 2, 2019, it will trade on the New York Stock Exchange under the new ticker CPRI. The company missed revenue guidance for the second quarter of fiscal 2019, which brought the stock down 14.6% on November 7.
said Monday it was changing its name to Capri Holdings Limited and will begin trading under the ticker symbol "CPRI" on Wednesday, Jan. 2. The announcement came after the company said it completed its acquisition of fellow luxury brand Versace for about $2.12 billion. "With the acquisition of Versace, we have now created one of the leading global fashion luxury groups in the world," said Chairman and CEO John D. Idol.
Looking at Michael Kors Holdings Limited's (NYSE:KORS) earnings update in September 2018, it seems that analyst forecasts are fairly optimistic, with earnings expected to grow by 26% in the upcoming Read More...
Tapestry Inc (NYSE: TPR ) shares are down 34 percent since mid-August versus 7 percent decline in the S&P 500. This has resulted in an attractive valuation, given the company’s momentum and visible catalysts, ...
NEW YORK, NY / ACCESSWIRE / December 12, 2018 / U.S. equities finished lower on Tuesday after bouncing between the red and green territory. The stocks gained more than 1% across the board on improving ...
Stitch Fix said its active clients grew 22 percent during the quarter to 2.9 million. The personal styling service said it benefited during the quarter from adding new brands like Michael Kors, Bonobos, Converse and Madewell for shoppers to choose from.