Uncategorized Archive

‘Kors and Effect’ Opportunities & Challenges for Coach and Michael Kors – 7/8/2014

Coach released their fourth quarter results overnight, which would cause concern not only for the American luxury house, but also investors… The luxury house reported net sales of $US1.14 billion for its fourth fiscal quarter ended June 28, 2014, compared with $US1.22 billion reported in the same period of the prior year, a decrease

Hermès and Christophe Lemaire part ways and Michele Sofisti joins Gucci – 24/7/2014

The roundabout is in full swing over at Hermès and Gucci with people exiting and entering at a brisk pace. Four years ago, Hermès announced that Christophe Lemaire was to succeed Jean Paul Gaultier. Lemaire left his post at Lacoste to join the esteemed French house and many wondered if he will be able

South Africa’s Woolworths snaps up David Jones – 18/7/2014

We are a patient bunch of people at The MO Down and have been waiting feverishly for the outcome of the talks to do with South Africa’s Woolworths buying David Jones and it would seem that shareholders are finally happy with the result! Despite a challenge from retail entrepreneur Solomon Lew, it seems relatively good to