Michael Kors Holdings Ltd. (NYSE: KORS) has been on a tear since coming public. The luxury apparel and accessories designer and retailer continually leads the same-store sales results from retail chains each month with massive gains, and its stock has been an amazing performer as it is now up more than 150% from its $20 IPO price from last December to around $52.00 now.
We also are seeing one call this morning with the expectation that shares will go even higher as its chart is on an uptrend.
-- Amazon.com is launching a membership-only flash sale site, MyHabit, joining a host of similar sites such as Gilt and Rue La La. Private sale sites offer large discounts on designer apparel and accessories for a limited time. Amaz... Read Post
U.S. retail sales have been the silver lining in a slew of weak economic data pushed by the Easter holiday. The Thomson Reuters chain store sales index expects an 8.2% increase in monthly sales from the 25 retailers it tracks. This ... Read Post
Retailers are slowly rolling out March same-store sales and the results are closely following last month's results: sales are heading higher nearly across the board. Early reporters have logged impressive gains. “We delivered solid ... Read Post