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Vera Bradley Investors Left Holding The Bag After Q3 Sales Miss, Guidance Cut
Wednesday, December 7, 2016 - 2:24pm | 466Luxury handbag retailers may not be having the best time in the current operating environment, as the unsteady global economic recovery has made consumers circumspect. Vera Bradley, Inc. (NASDAQ: VRA) shares have been on a downward spiral since Wednesday morning after it reported sub-par third-...
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Coach Reportedly Tried To Bag Burberry In Recent Months
Monday, December 5, 2016 - 11:00am | 332U.K.-based luxury goods retailer Burberry (LON: BRBY) (OTC: BBRYF) has rejected multiple takeover approaches from U.S. rival Coach Inc (NYSE: COH) in recent months, according to a report on Financial Times. The Rumored Interest The report said the deal would have created a company with a market...
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Michael Kors Has Upside…In 2017, BlueFin Says
Thursday, March 31, 2016 - 12:17pm | 467Luxury apparel, footwear and accessories retailer, Michael Kors Holdings Ltd (NYSE: KORS) has made a substantial rebound in 2016 Q1 off the back of a rough previous two years. With the stock up over 40 percent for the first quarter, it's no surprise analysts are taking note. However, the...