[ad_1] Wednesday was a big day for the stock market, with the Dow Jones Industrial Average jumping more than 500 points following the mid-term elections. Investors seemed pleased with the results of …
Read More »Sales of Michael Kors are lacking, so soon after the acquisition of Versace, analysts worry
[ad_1] This is never the right time to miss a turnover, but the financial deficit of the second quarter of Michael Kors Holdings Ltd. has been particularly bad, according to analysts: shortly …
Read More »Michael Kors is on the discount rack
[ad_1] In the retail business, living and dying because of the health of a single brand or the mood of a season is a dangerous proposition. Established companies compete not only with …
Read More »Shares of Michael Kors plummet as second-quarter sales are disappointing
[ad_1] Shares of Michael Kors plunged more than 11% after the handbag maker saw a drop in sales at its European retail stores in the second quarter of the year, making it …
Read More »The action of Michael Kors plunges after the profits beaten but sales are lacking
[ad_1] Shares of Michael Kors Holdings Ltd. KORS, -1.46% plunged 11% to a one – year low in pre – commercial trade on Wednesday after the luxury fashion group reported second – …
Read More »Why does Donatella Versace sell his family label to US giants Michael Kors?
[ad_1] Blonde peroxide, with a predisposition to tight dresses and sunglasses inside, Donatella Versace may not look like an archetypal businesswoman, but her brain is as sharp as her heels six-inch needles. …
Read More »Will the acquisition of Michael Kors turn Versace into a Midbrow brand? – Adweek
[ad_1] The $ 2.1 billion acquisition of Versace by Michael Kors Holdings Limited, announced this morning, has generated an immediate response from consumers, largely negative. Any changes to a beloved brand can …
Read More »Michael Kors makes a high-end fashion statement with Versace 2.2 Billion Dollars
[ad_1] MILAN (Reuters) – Michael Kors (KORS.N) agreed to buy luxury designer Versace Tuesday for 1.83 billion euros, including debt, while the US fashion group is positioning itself to face larger European …
Read More »Michael Kors will buy Versace for $ 2.1 billion
[ad_1] LONDON – Michael Kors announced Tuesday that he would buy Versace, the Italian fashion house, for $ 2.1 billion to challenge European luxury conglomerates. The deal, which would end the independence …
Read More »Michael Kors brings Versace On Board for $ 2.1 billion – WWD
[ad_1] Michael Kors Holdings adds Versace to its brand stable and is renamed Capri Holdings to better reflect its growing empire. The $ 2.1 billion transaction, worth € 1.8 billion, was eagerly …
Read More »