News

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....

To continue reading this story, please sign in or register.