Michael Kors may have seen its shares falling sharply after sales missed analysts’ forecasts, but the message from the company’s top team was (almost) all positive as it looked to a time when it will be an $8bn group.
Burberry was upbeat on Thursday morning as it reported half-year results saying that its “brand repositioning is under way, with strong initial response” and that it’s “energised by the early results.”
DSW and Authentic Brands Group have acquired the operations of Camuto Group for a combined sum of roughly $341 million, securing the Vince Camuto brand and footwear licenses for Jessica Simpson and Lucky Brand.
Tapestry, Inc.'s Chief Financial Officer, Kevin Wills, has announced his exit from the company. He will remain in his role until February 8, 2019, while the company begins a search for a new CFO with Spencer Stuart.