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Michael Kors Holdings Ltd (KORS.N)

KORS.N on New York Stock Exchange

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Wed, May 30 2018

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Michael Kors says higher spending on Jimmy Choo will hit earnings

Michael Kors Holdings Ltd said higher spending to expand its upscale footwear brand Jimmy Choo will weigh on earnings this year, driving shares of the luxury handbag maker down 13 percent on Wednesday. | Video

Michael Kors says higher spending on Jimmy Choo will hit earnings

Michael Kors Holdings Ltd said higher spending to expand its upscale footwear brand Jimmy Choo will weigh on earnings this year, driving shares of the luxury handbag maker down 13 percent on Wednesday. | Video

UPDATE 3-Michael Kors says higher spending on Jimmy Choo will hit earnings

* Fourth-quarter results top Wall St estimates (Adds analyst comment, background on Jimmy Choo, updates share price)

Handbag maker Michael Kors tops 4th-quarter revenue estimates

May 30 Michael Kors Holdings Ltd topped Wall Street forecasts for fourth-quarter revenue on Wednesday, as the handbag maker's efforts to scale back discounts paid off.

BRIEF-Michael Kors Announces Global Partnership With South African Pro Golfer Charl Schwartzel

* MICHAEL KORS ANNOUNCES GLOBAL PARTNERSHIP WITH SOUTH AFRICAN PRO GOLFER AND MASTERS CHAMPION CHARL SCHWARTZEL Source text for Eikon: Further company coverage:

BRIEF-Greenlight Capital Takes Share Stake In Michael Kors, Under Armour Class A Shares

* GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 48,250 SHARES IN MICHAEL KORS HOLDINGS LTD - SEC FILING

BRIEF-Michael Kors Holdings Files For NT10-Q

* MICHAEL KORS HOLDINGS LTD - FILES FOR NT10-Q; SAYS TO POSTPONE FILING OF QUARTERLY REPORT ON FORM 10-Q FOR DEC. 30, 2017 END BEYOND FEB. 8, 2018

Michael Kors' sales pick up as full-price strategy pays off

Michael Kors Holdings Ltd reported strong holiday-quarter sales and raised its full-year revenue forecast, showing the luxury goods maker's success in moving to reinvigorate sales and brand prestige by offering fewer promotions.

Michael Kors' sales pick up as full-price strategy pays off

Michael Kors Holdings Ltd reported strong holiday-quarter sales and raised its full-year revenue forecast, showing the luxury goods maker's success in moving to reinvigorate sales and brand prestige by offering fewer promotions.

UPDATE 3-Michael Kors' sales pick up as full-price strategy pays off

* Shares rise as much as 7 pct to 3-yr high (Adds CEO comments, updates share price)

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