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Watch Out Below? Piper Jaffray Cuts Michael Kors To Underweight
Friday, August 7, 2015 - 11:58am | 506Read More...In a report published Friday, Piper Jaffray analyst Erinn Murphy downgraded shares of Michael Kors Holdings Ltd (NYSE: KORS) to Underweight from Neutral with an unchanged $38 price target, despite the company reporting a sales and earnings per share beat in its first-quarter print. According to...
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Barclays Highlights 'Upside For Some' In Handbag Group, Considers Coach, Kate Spade, Michael Kors
Monday, July 27, 2015 - 11:54am | 579Read More...In a report published Monday, Barclays analyst Joan Payson commented on the U.S. Luxury, Apparel & Footwear space with a focus on handbags. According to Payson, some of the slowdown in the space could be related to near-term disruption around tourism (due to unfavorable exchange rates) and...
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Buckingham's Trade Pair? Coach Upgraded To Neutral, Kors Downgraded To Neutral
Thursday, July 23, 2015 - 12:56pm | 492Read More...In two separate reports published Thursday, The Buckingham Research Group analyst David Glick upgraded shares of Coach Inc (NYSE: COH) to Neutral from Underperform with a price target lowered to $30 from a previous $32. The analyst also downgraded shares of Michael Kors Holdings Ltd (NYSE: KORS)...
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Specialty Retailers Wedbush Is Following
Tuesday, May 19, 2015 - 9:02am | 557Read More...In a report published Tuesday, Wedbush analyst Morry Brown detailed mall checks at many specialty retailers. Express: Reduced Level Of Promotions Express, Inc. (NYSE: EXPR) held a reduced level of promotional activity at stores and online and chose not to lap 40 percent off entire store offer...
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Bank Of America: Michael Kors Is 'Most Attractive' Vs. Peers
Wednesday, March 18, 2015 - 11:17am | 331Read More...In a report published Wednesday, Bank of America analyst Robert Ohmes suggested that Michael Kors Holdings Ltd (NYSE: KORS) shareholders consider weather, foreign exchange, damage to its e-commerce distribution center and port disruption concerns as a buying opportunity. Ohmes stated that...
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Coach Acquires Luxury Designer Footwear Brand Stuart Weitzman For More Than $500 Million
Tuesday, January 6, 2015 - 10:30am | 220Read More...Coach Inc (NYSE: COH) on Tuesday announced that it has acquired Stuart Weitzman Holdings LLC, a leading designer and manufacturer of women's luxury footwear, from private equity firm Sycamore Partners. According to a Coach press release, the acquisition is intended to complement the company's...
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Wedbush Heads To The Shopping Malls On A Pre-Holiday Finding Mission
Monday, December 22, 2014 - 12:07pm | 335Read More...Morry Brown of Wedbush and his team spent plenty of time at shopping malls observing traffic first and discussing traffic trends with store managers through the first three weeks of December. Here are his highlights: Specialty Retail: Lululemon Athletica inc. (NASDAQ: LULU) and Gap Inc'...
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Wedbush: Coach Handbag Sales 'Sluggish,' Michael Kors And Kate Sales 'Strong'
Monday, December 22, 2014 - 10:36am | 334Read More...Morry Brown of Wedbush commented in a note over the weekend that Coach Inc (NYSE: COH) handbags are seeing weak sales, while Michael Kors Holdings Ltd (NYSE: KORS) and Kate Spade & Co (NYSE: KATE) handbags are "hot items." In a note released over the weekend, Brown states that...
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Michael Kors Vs. Coach, Purse For Purse
Thursday, July 10, 2014 - 4:45pm | 921Read More...A popular debate, currently brewing in social media, is the comparison of the luxury brand retailers Michael Kors Holdings (NYSE: KORS) and Coach (NYSE: COH). Historically Kors has been satisfying its shareholders with hefty returns since the company's IPO back in 2011, while Coach has been...
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Top Trending Tickers On StockTwits For January 22
Wednesday, January 22, 2014 - 11:57am | 878Read More...Here's a look at the top tickers trending on StockTwits.com: Coach: Iconic brand losing market share This morning Coach (NYSE: COH) released its second quarter results. The company reported an EPS of $1.06, missing the consensus estimate of $.11. Revenue declined 5.3 percent year over year at...
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Is Coach the Best Way to Profit from China's Growth?
Wednesday, December 18, 2013 - 4:56pm | 418Read More...South Korea may its own, new handbag museum -- but if you want to see those women's accessories in action in an Asian market, look to China. Luxury goods companies such as Ralph Lauren, Michael Kors and Mercedes Benz count on China for increasing sales. And among the most desired items by...
