Today in luxury marketing:
Michael Kors shares climb on 76.6pc profits rise
Shares of Michael Kors jumped 20.3 percent in early morning trading Feb. 4 after the accessories and fashion firm reported a 76.6 percent leap in net income for the third quarter ended Dec. 28 to $229.6 million, or $1.11 a diluted share, from $130 million, or 64 cents, a year ago. Total revenues rose 59 percent to $1.01 billion from $636.8 million, which included a 59 percent gain in net sales to $964.8 million from $606.9 million. The balance of revenues was from licensing income, WWD reports.
{"ct":"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","iv":"817ef7b2872991bb8c4a4524f48d818b","s":"05db9d7fc7cc2dac"}