Michael Kors tops estimates as Americas sales rebound, shares jump

Michael Kors tops estimates as Americas sales rebound, shares jump

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(Reuters) – Michael Kors Holdings Ltd’s (KORS.N) fewer-discounts strategy bore fruit in the second quarter, reversing a decline in Americas sales for the first time in more than a year and helping it beat expectations for revenue and profit. Shares soared to an 18-month high after the handbag maker also lifted its full-year revenue forecast, […]Read More

Kors Earnings: Charging More for Bags Seems to Be Working

Kors Earnings: Charging More for Bags Seems to Be Working

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Investors like the look of the transformation going on at Michael Kors. Shares are up 13.6% Monday after the company reported earnings per share of $1.33 on revenue of $1.1 billion, both of which exceeded analysts’ expectations. Kors’ margins, a measure of profitability, rose during the quarter, which the company attributed to both cost cuts and […]Read More

Kay Burley’s £14,700 collection of work clothes… that last just SIX MONTHS: Sky News anchor reveals latest haul of 11 Michael Kors outfits

Kay Burley’s £14,700 collection of work clothes… that last just SIX MONTHS: Sky News anchor reveals latest haul of 11 Michael Kors outfits

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Most of us keep our work wardrobe for years and make do with what we find on the high street. But that clearly won’t do for Kay Burley. The Sky News anchor has revealed that her latest haul of work clothes cost £14,700 for 11 items, all from the same top designer… and are meant […]Read More

Make-A-Wish Foundation holds fundraising dinner

Make-A-Wish Foundation holds fundraising dinner

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MAKE-A-Wish Foundation of Guam and the CNMI held its annual “Black Tie and Zories” fundraising dinner at the Hyatt Regency Saipan on Friday evening. Tickets were $100 each. According to Annie Gayle, board chair, the foundation has granted 275 wishes since 1988. BEST ZORIES WINNERS JAY SANTOS AND TINA GOODWIN. PHOTO BY LORI LYN C. […]Read More

The handbag you covet could be Arkansas-made

The handbag you covet could be Arkansas-made

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Pssst. About that gorgeous, clean-lined satchel bag with the contrasting stitching carried by the woman two restaurant tables away and over which you’ve been salivating. You think it might be a Kate Spade or a Michael Kors, right? It may be a Dower. Dower is the brand name of the line of carefully handcrafted bags […]Read More