Coach Outlet
NEW YORK, United States — Michael Kors Holdings Ltd. Michael Kors Store, Kate Spade & Co. Kate Spade Outlet and Coach Inc. Coach Outlet Online Store all topped analysts' Michael Kors Black Friday earnings estimates for Coach Outlet Stores Online the past quarter after the handbag Burberry Handbags retailers cut costs Moncler Outlet and reduced discounts KD 7 Shoes to cope with Air Jordan Shoes sluggish sales. Growth of Louboutin Shoes the once-hot segment Roger Vivier Shoes in North America has slowed to Cheap Uggs low single digits, Kors Michael Kors Outlet Chief Executive Officer Ray Ban John Idol said Wednesday on Louis Vuitton Outlet Stores an earnings conference call. Louis Vuitton Outlet Young customers are still buying handbags Coach Outlet and leather goods Tiffany And Co, but styles Coach Factory Outlet have shifted to Coach Outlet lower-priced large wallets Michael Kors Outlet and small cross-body Chanel Handbags. To protect their brands and margins, companies are reducing discounts Ugg Boots, adding new products Oakley Sungl[censurado]es and slashing costs Moncler Jackets. There's been this myth that no one Christian Louboutin Outlet is buying handbags anymore Burberry Factory Outlet, but really it's a change in trend away from Coach Factory Outlet the big totes Louis Vuitton Handbags everyone was buying a few years ago to smaller bags Michael Kors Outlet that don't cost as much, said Dorothy Lakner, a New York-based analyst at Topeka Capital Markets. Traffic and sales Oakley Outlet at North American department stores Ray Ban Outlet are sluggish, leading to higher levels Oakley Vault of leftover Kate Spade Kate Spade Handbags, Coach Coach Outlet Factory Stores and Michael Kors Michael Kors Outlet Online products that will need to be discounted to make way for newer goods. And UGG Boots while international expansion has boosted sales Ray Ban Sungl[censurado]es, a strong U.S. dollar has hurt tourism Cheap Uggs sales domestically UGG Outlet and taken a bite out of profits Oakley Outlet earned abroad. Even after a restructuring UGG Boots, Kate Spade's handbag sales Coach Outlet still make up about 70 percent of Ugg Outlet its revenue, Gucci Handbags according to data compiled by Bloomberg. Since 2013, the New York-based company coach handbags online outlet has sold the Lucky and Juicy Couture brands Gucci Shoes and streamlined its Ugg Boots corporate operations. In 2014, it began a complete overhaul Louis Vuitton Black Friday of management with Christian Louboutin Shoes renewed focus on e-commerce, which now Oakley Black Friday accounts for 20 percent of sales Michael Kors Outlet. The retailer Louis Vuitton Handbags is also expanding into Louis Vuitton Outlet Stores home goods, rolling out a 325-piece Red Bottom Shoes home-furnishings category last month. The move to Celine Outlet streamline expenses may be paying off. While Kate Spade's $275 million in net sales Ray Ban Outlet in the third quarter Oakley Outlet fell short of the $281.2 million analysts expected, Louis Vuitton Outlet the company Ray-Ban Sungl[censurado]es recorded profit excluding True Religion Outlet some items of 6 cents a share, topping the 4 cents analysts forecast. Michael Kors Michael Kors Factory Outlet posted profit in the second quarter through Gucci Outlet Sept. 26 of $1.01 a share. That topped Louis Vuitton Outlet the 89 cents a share Nike Air Max UK analysts predicted. Still, the London-based company Christian Louboutin Outlet forecast third-quarter Ugg Outlet revenue of $1.33 billion to $1.35 billion, Cheap Ray Ban Sungl[censurado]es falling short of the $1.4 billion analysts projected. Results Tiffany Outlet were similar at Coach, which said last week Louis Vuitton Outlet Stores that profit excluding some items Ugg Boots last quarter was 41 cents a share Gucci Outlet, exceeding analysts' Ray Ban Outlet estimates by a penny. The New York-based Coach Outlet retailer posted sales of $1.03 billion, Coach Black Friday missing analysts' projections of $1.04 billion. You have to make products more scarce and have less inventory left over Ugg Black Friday at the end of the year so you can get full price Burberry Outlet, Lakner said. Michael Kors Michael Kors Outlet Stores is really pulling back on inventory in the department store channel Chanel Outlet. Similarly, Coach Coach Outlet is reducing the number of discount events. While all three companies say they're pulling back on discounts Oakley Sungl[censurado]es , they're also looking to Burberry Outlet other categories to drive growth. Coach agreed to buy designer shoe Gucci Shoes brand Stuart Weitzman in January for $574 million to Cheap Ray Ban Sungl[censurado]es diversify its selection. It also hosted Burberry Black Friday its first women's Ray-Ban Sungl[censurado]es runway fashion show Burberry Handbags this fall. Burberry Outlet Store introduced a home goods line last month, while UGG Outlet is expanding its Coach Outlet licensing agreements into Gucci Outlet watches, accessories and eyewear. The handbag coach handbags outlet makers may look to Cheap Oakley Sungl[censurado]es a fellow retailer for how restructuring and Burberry Outlet cost-cutting can boost performance. One of the original Ugg Boots lifestyle companies, Ralph Lauren Corp., announced a restructuring Cheap Oakley Sungl[censurado]es effort in May that will save $110 million annually when Oakley Sungl[censurado]es it's completed in 2017. Increased efficiency Louis Vuitton Outlet Stores helped Ralph Lauren post cheap ray ban sungl[censurado]es earnings last quarter of $2.13 a share Christian Louboutin Shoes, excluding True Religion Outlet some items. That surp[censurado]ed Celine Handbags the $1.73 a share analysts had estimated. Still, comparable Red Bottom Heels sales declined 6 percent, Ralph Lauren said in a statement Thursday. That's Cheap Oakley Sungl[censurado]es more than the 3.8 percent decrease analysts had forecast. |