Coach Inc (COH.N)
June 14 U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending.
Ralph Lauren Corp has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a sweeping plan to lower costs and revive sales growth at the luxury fashion brand.
June 9 Ralph Lauren Corp has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a sweeping plan to lower costs and revive sales growth at the luxury fashion brand.
June 9 Ralph Lauren Corp said it has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a slew of other reforms.
Luxury goods retailer Michael Kors Holdings Ltd reported its strongest quarterly sales growth in a year on Wednesday and said it would join rival Coach Inc in aiming to prevent discounts that can result in a dilution of brand value.
* Sets quarterly cash dividend of $0.3375per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
Coach Inc , which has been trying to regain its cachet in the luxury handbag market, reported its first growth in quarterly profit in three years.
* Shares up as much as 3.8 pct (Adds CEO comments, details; updates shares)
* Coach CEO says efficiency initiatives plan will include elimination of 300 positions worldwide - Conf call
* Says as a result of operational efficiency plan, co expects to incur pre-tax charges of about $65-80 million
|L Brands Inc (LB.N)||$65.49||+0.23|
|VF Corp (VFC.N)||$59.09||+0.80|
|Ralph Lauren Corp (RL.N)||$87.89||+0.51|
|PVH Corp (PVH.N)||$89.58||+4.67|
|Tiffany & Co. (TIF.N)||$59.07||+1.59|
|Estee Lauder Companies Inc (EL.N)||$88.19||+0.95|
|Estee Lauder Companies Inc (ELUDB.PK)||--||--|
|Kate Spade & Co (KATE.N)||$19.63||+0.78|
|Abercrombie & Fitch Co. (ANF.N)||$16.95||+0.15|
|Michael Kors Holdings Ltd (KORS.N)||$47.44||+1.25|
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