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":"17aa6428e9ca3a1a047f6441738e77d0","s":"6b4533ba8d760b57"}