Today news
About the same in other media
Ralph Lauren, Michael Kors Buck Consumer-Spending Woes
Reading now: 334
Consumers are still splurging on Ralph Lauren polos and Jimmy Choo shoes, helping those brands buck the inventory troubles and spending shifts that have tripped up other retailers this year.
Ralph Lauren Corp. said Tuesday that revenue rose 8% in its first quarter and is on track to rise about 11% for its fiscal second quarter. Capri Holdings Ltd. , which owns Versace and Jimmy Choo as well as Michael Kors, said quarterly revenue rose 8.5%, despite declines in China, a key market.
Read more on wsj.comAbout this in other media
Crypto Broker Genesis Cuts 20% Workforce, CEO Michael Moro Stepping Down blockchain.news /1 year ago
Crypto ad spending may be down, but awareness remains critical: Experts cointelegraph.com /1 year ago
Retail Spending in July to Reflect Impact of Lower Gas Prices wsj.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
