Revenue dips at Michael Kors
15/11/2016
Leathergoods brand Michael Kors reported revenue of $1.09 billion in the second quarter of the 2016/17 fiscal year, a 3.7% decrease on the same quarter last year. Retail sales climbed 12.1% to $597.2 million. The company said this was primarily due to new store openings, including 137 associated with recent acquisitions in China and South Korea....