Fashion accessories brand Michael Kors S3 case does offer reported strong Quarter 2 (Q2) results with its total revenue developing by 42. 7% to $1. 1bn (￡688m) from $740. 3m (￡464m).
European revenue grew 108. 6% to $237. 9m (￡149m), with comparable store sales developing 41. 1%.
Retail net home sales increased 39. 4% to $495. 6m (￡310m), according to the company i thought this was driven by 121 net innovative store openings since the end to your second quarter of fiscal 2014 and the 16. 4% increase in comparable preserve sales.
Profit was $207m (￡129m), compared to $145. 8m (￡91m) for a similar quarter last year.
John D Ideal, chairman and CEO of Education Kors, said, “Our strong first quarter results reflect our fashion kepemimpinan, aspirational product offering and jet-set luxury image that continue to speak out loud with customers globally.
“Once from scratch, we delivered exceptional performance on revenue and earnings per uncover growth in excess of 40%. This regular momentum reflects strength across their operating segments and geographies like we continue to expand our presence around the globe. ”
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