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Michael Kors Holdings Ltd (KORS.N)

KORS.N on New York Stock Exchange

41.96USD
18 Aug 2017
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$-1.39 (-3.21%)
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Tue, Aug 8 2017

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Michael Kors lifts full-year revenue forecast, shares soar

Michael Kors Holdings Ltd reported better-than-expected profit for the first quarter as it cut down on promotions and sold more premium handbags, and lifted its full-year revenue forecast, sending the company's shares up as much as 22 percent. | Video

UPDATE 4-Michael Kors lifts full-year revenue forecast, shares soar

* Store operating margins up for 1st time in two yrs-Jefferies

BRIEF-Michael Kors reports Q1 earnings per share $0.80

* Michael Kors Holdings Limited announces first quarter fiscal 2018 results

Michael Kors profit falls 15 pct

Aug 8 Michael Kors Holdings Ltd reported a 15 percent drop in quarterly profit on Tuesday, as the U.S. fashion accessories maker sold fewer items to department stores.

BRIEF-Michael Kors agreed to pay £17.92 mln break fee to Jimmy Choo - SEC filing​

* Michael Kors Holdings- ‍in case of lapse of deal, co agreed to pay break fee to Jimmy Choo of £17.92 million in certain specified circumstances- SEC filing​

Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

LONDON U.S. retailer Michael Kors agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers from Princess Diana to Kendall Jenner. | Video

UPDATE 3-Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 bln

* Jimmy Choo shares up 17 pct, Kors shares down 1.2 pct (Adds details from conference call, background, analyst comment)

BRIEF-Michael Kors believes Jimmy Choo brand can more than double its sales to $1 bln annually

* Michael Kors- believes Jimmy Choo brand can more than double its sales to $1 billion annually - conf call

Michael Kors to buy luxury shoemaker Jimmy Choo for $1.2 billion

LONDON, July 25 Michael Kors has agreed to take over luxury retailer Jimmy Choo for 896 million pounds ($1.17 billion), it said on Tuesday.

BRIEF-Michael Kors Holdings says CEO John Idol's FY 2017 total compensation was $8.6 mln

* Honorary Chairman Michael Kors' 2017 total compensation was $8.7 million versus $15.1 million in 2016 - SEC filing

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