Coach posted an 8.6 percent jump in quarterly profit,
as the handbag maker cut back on discounting its products in the United States.
Coach reported a higher - than - expected quarterly profit,
as the handbag maker cut back on discounting its products in the United States, sending its shares up 7 percent in premarket trading.
Not exact matches
May 1 - High - end
handbag maker Tapestry Inc reported lower third - quarter margins and a steeper - than - expected decline in same - store sales at its newly - absorbed Kate Spade business, sending its shares down
as much
as 14 percent.
The
handbag and accessories
maker posted a better - than - expected rise in sales
as its Kate Spade New York brand attracted more shoppers.
PARIS, France — Kering SA reported first - quarter sales that beat analysts estimates
as growth in its directly operated stores cushioned a slowdown at
handbag maker Gucci, and said it will reorganize its luxury division.