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Macerich's (MAC) Scottsdale Fashion Square's luxury wing reports an improvement in sales backed by the company's efforts to redevelop and expand.
The addition of the first-to-market brand, Versace, to Macerich's (MAC) Scottsdale Fashion Square in Arizona will further strengthen the mall's existing solid tenant roster.
Wall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade. Wall Street started 2018 strong, buoyed by a growing economy and corporate profits. Stocks climbed to new highs early, shook off a sudden, steep drop by spring and rode a wave of tax cut-juiced corporate earnings growth to another all-time high by September.
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.
Most stocks reacted poorly to Friday's jobs report. Michael Kors was one of the harder hit, but despite being marked down, it may not be a bargain yet.
As of December 3, of the 15 analysts covering Hanesbrands (HBI) stock, 40% recommend a “buy” and the remaining 60% have given HBI a “hold” rating. In the past 15 days, there has been one price target change for HBI. On December 1, Citigroup raised its price target to $18.00 from $17.00.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Michael Kors Holdings Limited (NYSE:KORS), with a market cap of US$6.6b, often<div><a class="permalink" href="https://simplywall.st/news/yahoo-post/what-you-must-know-about-michael-kors-holdings-limiteds-nysekors-financial-health/">Read More...</a></div>
Tiffany earnings narrowly topped third-quarter views Wednesdsay, but revenue and same-store sales came in light for the high-end jeweler.
In the past 15 days, there has been no price target action for VFC stock. Wall Street analysts’ 12-month average target price for VFC stock is $98.52, which implies a 24.8% upside to the stock’s price on November 23.
It was difficult enough to find a parking space, and the crowds were huge at the Western Pennsylvania Outlet center. While I realize that the actual significance of Black Friday in terms of sales volume is no longer what it once was due to Cyber Monday, if what I witnessed was any indicator, this could be a huge holiday retail season. While it was not as long as some other stores', I don't believe I'd previously witnessed throngs of customers actually waiting to get in.
Ongoing challenges with Michael Kors Holdings Ltd (NYSE: KORS )' core brand will likely weigh on top-line trends, according to Oppenheimer. The Analyst Analyst Brian Nagel downgraded Michael Kors from ...