Coach Inc (COH)
22 Sep 2017
Luxury shoemaker Jimmy Choo Plc on Monday said its shareholders voted in favour of a $1.2 billion takeover by fashion group Michael Kors Holdings Ltd .
Luxury shoemaker Jimmy Choo Plc on Monday said its shareholders voted in favor of a $1.2 billion takeover by fashion group Michael Kors Holdings Ltd .
Coach Inc's full-year revenue forecast missed Wall Street estimates as the handbag maker's strategy to limit exposure to the troubled department store sector takes a toll on sales, sending its shares tumbling 14 percent.
Aug 15 Coach Inc's full-year revenue forecast missed Wall Street estimates as the handbag maker's strategy to limit exposure to the troubled department store sector takes a toll on sales, sending its shares tumbling 14 percent.
* CEO on Conf call- Q4 sales in Japan decreased due to fewer Chinese tourists and as company continues to cut down on distribution
Aug 15 Coach Inc reported a quarterly profit that nearly doubled, helped by strong demand for Stuart Weitzman shoes and for its handbag and accessories in North America.
* Coach Inc reports fiscal 2017 fourth quarter and full year results
U.S. retailer Michael Kors is betting that its acquisition of storied shoemaker Jimmy Choo will give sales a much-needed boost, but lingering problems at Kors' core bag business could delay potential benefits.
* Coach Inc - Craig A. Leavitt, chief executive officer of Kate Spade & Company will be leaving - SEC Filing
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
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