Bags and shoes drive better-than-expected growth at Michael Kors
10/08/2015
Mid-market brand Michael Kors has reported “strong growth in accessories and footwear” for the quarter that ended June 27, contrary to analysts’, and its own, expectations.
CEO John Idol said: “Our first quarter performance reflects better-than-expected results in both our top and bottom line with growth across our North America, Europe and Asia regions.