NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
My First Design: Michael Kors
A few feel-good moments to remember from NY Fashion Week
NEW YORK (AP) — Fashion Week has ended in New York, leaving a trail of sequins and feathers, worn-out stilettos and blisters and traffic jams. But sometimes, fashion feels good: there were some moments of genuine, happy emotion. Here are a few feel-good moments of the week:
BARRY IN THE HOUSE
No, Michael Kors didn't make that orange bedazzled "Copa" jacket that Barry Manilow wore to perform at the designer's show. We're not sure who did, but it was fabulous.
ShowBiz Minute: Adams, Smollett, Kors
Kors throws a ’70s bash fashion show
Michael Kors throws a ’70s bash fashion show
Michael Kors throws a ’70s bash with Barry Manilow on stage
NEW YORK (AP) — Michael Kors threw a fashion show worthy of Studio 54 with Barry Manilow belting "Copacabana" on a glittery stage and rock muse Patti Hansen walking the runway Wednesday.
His crowd, seated inside a Wall Street ballroom, went wild for both on the closing day of New York Fashion Week as he rolled out shaggy coats and feather boas, sparkly gowns in neon purple and electric blue, and flirty ruffles on dresses and skirts, all worthy of the heady '70s.
Markets Right Now: Stocks edge lower on Wall Street
NEW YORK (AP) — The latest on developments in financial markets (all times local):
Stocks are closing slightly lower on Wall Street as investors react to a mixed batch of company earnings.
Anadarko Petroleum lost 7.4 percent Wednesday and video-game maker Take-Two Interactive sank 13.8 percent. Both companies reported earnings that fell far short of what analysts were looking for.
Italian fashion houses get refashioned for future growth
MILAN (AP) — To stay on trend, Italian fashion houses are refashioning themselves for future growth.
Luxury label Ermenegildo Zegna, which opens fall and winter menswear previews at Milan Fashion Week on Friday, made its first move to expand abroad with the Zegna Group's summer acquisition of American brand Thom Browne. The Gianni Versace house's entrance into the group owned by American designer Michael Kors, Capri Holdings Limited, was finalized last week.
Michael Kors, now Capri Holdings, completes Versace deal
NEW YORK (AP) — Having added a pair of high-end brands to its stable, Michael Kors is changing its name to Capri.
The company announced the acquisition of the Italian fashion house Versace for more than $2 billion (1.83 billion euros) in September, less than two years after acquiring Jimmy Choo, the shoemaker that rocketed to fame on the high heels of "Sex and the City."
Michael Kors ups the glamour, buys Versace for $2 billion
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.
The deal Tuesday comes just 14 months after the New York handbag maker spent $1.35 billion adding to its portfolio Jimmy Choo, the shoemaker that rocketed to fame on the high heels of "Sex and the City."
Comcast and Michael Kors skid; Barrick Gold and Concho rise
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Comcast Corp., down $2.27 to $35.63
Comcast outbid Twenty-First Century Fox and will pay about $39 billion for majority control of British satellite TV company Sky.
Barrick Gold Co., up 57 cents to $11.04
The gold miner will combine with rival Randgold in a deal they valued at $6.1 billion in stock.
Reports: Versace on verge of sale to Michael Kors
MILAN (AP) — An Italian newspaper reports that the Versace group is on the verge of announcing its sale to an American company for 2 billion euros ($2.4 billion).
Corriere della Sera reported Monday, without citing sources, that the announcement could come as early as Tuesday. Bloomberg and Reuters news agencies later reported the buyer would be fashion group Michael Kors, which has been trying to burnish its image and last year bought high-end shoemaker Jimmy Choo for $1.35 billion.
NYFW highlighted body positivity, not perfection
Michael Kors’ upbeat mood is reflected in his collection
NEW YORK (AP) — Michael Kors' response to these turbulent times is to provide a dose of effervescence to lift the mood — and that was certainly the case with his New York Fashion Week show.
The event, which drew celebrities including Nicole Kidman, Catherine Zeta-Jones, Tiffany Haddish, Iman and Hailee Steinfeld in the front row, featured a collection that had romance, color and a dose of the flirty.
Kidman, Zeta-Jones, sit front row at Michael Kors
- Wilkes-Barre Citizens' VoiceJonathan Grula Memorial Foundation Plans BingoMarch 22, 2019
- Wilkes-Barre Citizens' VoiceClass Of 2021 Purse Bingo; You Won’t Want To Miss ItMarch 6, 2019
- Wilkes-Barre Citizens' VoiceNanticoke Historical Society Designer Purse BingoJanuary 30, 2019
- Wilkes-Barre Citizens' VoiceBoys & Girls Clubs Of NEPA Plan Purse BingoJanuary 18, 2019
- Houston ChronicleDesigner Purse Bingo benefits Be An AngelOctober 30, 2018
US authorities seize fake luxury goods shipped from China
NEW YORK (AP) — Federal homeland security agents seized a large haul of counterfeit luxury handbags, wallets and belts smuggled through ports in the New York-city area and Los Angeles, officials said Thursday.
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
HP Inc., up 86 cents to $22.16
The printer and PC maker raised its profit forecast after it topped analyst projections in its latest quarter.
U.S. Bancorp, up 98 cents to $49.84
Banks rallied as bond yields rose after sharp losses a day ago.
Exxon Mobil Corp., up $3.08 to $81.50
Oil prices turned higher and energy companies broke out of a five-day losing streak.
First lady Melania Trump greets the Macrons with a hat
NEW YORK (AP) — Melania, or more specifically Melania's hat, what were you saying?
The media and the Twitterverse had a big time Tuesday with the first lady's I-spy chapeau, a wide-brim number designed by Herve Pierre that would have been perfect had the sun been out in Washington.
Two Allegheny County residents were indicted Tuesday on drug and gun violations.
Sonnie Ali Watts, 44, and Jessica Lea Wainwright, 38, both of Pittsburgh, were named in the indictments, according to a news release.
The Jonathan Grula Memorial Foundation will hold a designer/gift card bingo on Sunday, April 15, at St. Andrew’s Parish church hall, 316 Parrish St., Wilkes-Barre. Doors open at noon. Games start at 1. Cost is $20, which includes 20 games. There are four specials and one “Super Special.” Prizes include items by Coach, Michael Kors, Kate Spade, Tory Burch, Vera Bradley, Dooney & Bourke, jewelry and gift cards to local businesses and restaurants. There will be a Pennsylvania scratch off...
STAMFORD-Police have picked up a second man allegedly caught on tape using credit cards stolen from a locked car in Belltown.
According to the arrest warrant for Stephen Arzu, 20, of Standish Road, police were called to Bellmere Avenue by a woman who said her Coach purse and a Michael Kors purse were stolen from her car in the early morning of Jan. 20.
Paris Fashion Week: Roaring Twenties, nature, Glam Rock
PARIS (AP) — Paris Fashion Week is continuing in the French capital. Themes from the natural world, to the Roaring Twenties to the era of Glam Rock have been channeled on Day 2 of the shows.
Here are some of the fall-winter 2018 highlights:
For his sophomore outing, designer Olivier Lapidus continued to lead Lanvin down its newer, more commercial path.
It took $120 a day to pay for the heroin that Melissa Williams needed to satisfy her addiction.
The money came from solo shoplifting sprees at department stores across the metro area, stealing high-end purses and men and womens Nike gear that she resold at half price.
After she was caught with thousands of dollars of Michael Kors purses at the Southdale Macys in 2015, Williams faced three years in prison.
Retail Wrap: The Woodlands’ East Shore Place starts next-phase construction
Houston-based Wulfe & Co. has started construction on the next phase East Shore Place at the northwest corner of Grogan's Mill Road and East Shore Drive in The Woodlands. A two-story building with 49,000 square feet will have retail, restaurant and professional space on the ground floor and specialty office and medical space on the second floor. Leases so far include Toasted Yolk Café, 4,347 square feet, and Isle PediSpa, 2,500 square feet. Katherine Wildman of Wulfe & Co. is handling leasing for the project, which was designed Ziegler Cooper Architects and is being built by Arch-Con. East Shore Place has a 9,000-square-foot Frost Bank building and a four-level parking garage. A freestanding restaurant is also planned.
Zendaya, Blunt and Lively front row for Michael Kors
It’s not an exaggeration. There are more vacant storefronts on Greenwich Avenue than usual.
A string of bare stores lines the top two blocks and, farther down, the departures of Ralph Lauren, Michael Kors, Calypso St. Barth and Kate Spade New York — which has plans to re-open in the SoNo Collection in Norwalk — have left an obvious void. Near the bottom of the street, there are at least two retailers that closed recently, hardly a year after opening.
98 Greenwich Ave.: Lacoste, a privately held preppy men’s and women’s clothing retailer, has put up a sign in its Greenwich Avenue storefront window signaling plans to close shop. The brand did not return requests for comment. At its 98 Greenwich Ave. store, large sign states: “Store Closing Entire Store 50% Off.” This marks the latest of several luxury brands to shutter its Greenwich Avenue storefront in recent months including Ralph Lauren, Michael Kors and Kate Spade New York.
Greenwich Avenue: Women’s fashion and accessories store Kate Spade New York has closed its Greenwich Avenue storefront. The shop’s windows are covered with brown wrapping and the awning and monicker have been taken away. Additionally, the Greenwich location’s website has been taken down. Last year, luxury brand Coach bought the Kate Spade company for $2.4 billion. Kate Spade’s closure this week marks one of a slew of vacancies on what’s been considered one of Greenwich Avenue’s most prestigious blocks. It follows both Ralph Lauren and Michael Kors in departing that stretch of the shopping strip.
Right about now you might be thinking to yourself it’s time for a change. The same old song has been playing and while the tune is catchy, it’s time for a remix.
The new year will do that to you. For many, it’s a time to start fresh and reinvent themselves. Something about the new year represents a new start with carte blanche to do so.
Property Rounds: Year of changes in commercial property market expected
Last year saw a clear shift in southwestern Connecticut’s commercial real estate market, including its office, retail and industrial sectors, according to brokers around the region. As 2018 unfolds, they’re expecting even more changes.
Three vehicles were broken into while their owners were watching the Rome Wolves football game at Barron Stadium Friday night.
According to Rome police reports:
All three vehicles were parked in different areas around Barron Stadium. Two of them had their front-right passenger windows shattered, while the third vehicle had a passenger window left rolled down by the owner. The calls came in between 10:07 p.m. and 10:28 p.m.
Luxury brands yield to discounts amid push to stay exclusive
(Bloomberg) -- Apparel and handbag makers’ efforts to wean customers from discounts are off to a rocky start this holiday season.
The online luxury category saw the highest volume of markdowns, with prices on more than a quarter of products in stock lowered between 26 percent and 50 percent, according to Edited, which tracks real-time data for brands and retailers. That’s higher than the discount volume for premium and mass-market goods sold online.
Arkansas designer makes handcrafted bags, accessories
LITTLE ROCK, Ark. (AP) — That gorgeous, clean-lined satchel bag with the contrasting stitching looks like it might be a Kate Spade or a Michael Kors, right?
HARLINGEN — Are you ready to find great deals on electronics, designer fragrances, designer handbags and much more?
Well, Harlingen Medical Center has the shopping opportunity for you.
The Volunteer Services Department at Harlingen Medical Center will host The Ultimate Fundraiser Sale Event on Monday, Nov. 13 from 7 a.m. to 5 p.m. and on Tuesday, Nov. 14 from 7 a.m. to 2 p.m. at the MOB Conference Room (5505 S. Expressway 77, Harlingen).
Qualcomm and Michael Kors climb while Sprint and Schein skid
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
Qualcomm Inc., up 71 cents to $62.52
Broadcom made an unsolicited $103 billion offer for the rival chipmaker.
Sprint Corp., down 77 cents to $5.90
Wireless carriers Sprint and T-Mobile USA called off merger talks over the weekend.
Anthem Inc., up $4.50 to $216.30
The health insurer named UnitedHealth executive Gail Boudreaux as its next CEO.
Bette Midler holds annual Hulaween charity gala
Though Greenwich hasn’t been immune from the retail industry’s afflictions this year, it’s also home to some stores bucking the national trend of downsizing and restructuring.
Since the summer, there have been prominent vacancies such as Ralph Lauren’s empty windows on Greenwich Avenue and Michael Kors’ former shop, where a plain “For Lease” poster has replaced displays of pricey handbags. But some brands remain that signal brick-and-mortar retail is changing, not dead.
Kate Hudson on Gwyneth Paltrow: ‘I’m proud of her’
Kidman, Watts, Zeta-Jones hit Michael Kors show
Marc Jacobs closes out Fashion Week with an operatic finale
NEW YORK (AP) — Marc Jacobs closed out New York Fashion Week with an operatic finale, playing the aria from "La Wally" used in the movie "Diva." And the rest was silence. Literally. The models walked in the cavernous, unadorned Park Avenue Armory with no soundtrack, their every footstep audible. At Michael Kors, the soundtrack was live: Sara Bareilles sang four songs, ending with her hit "Brave." Some highlights of the final day of shows:
Hearst Connecticut Media wants to hear Greenwich residents’ thoughts about the variety of businesses located around town.
Longing for a quaint eatery nearby or fewer national brands lining Greenwich Avenue? Share your thoughts about what sorts of businesses would benefit each part of town by responding to a survey that takes about five minutes to complete.
Alcorn man arrested with more than $2 million in counterfeit goods
Officials arrested and charged an Alcorn County man on multiple felony charges after a major counterfeit investigation. Attorney General Jim Hood on Friday announced the arrest of 43-year-old Russell Haynie by investigators with the Attorney General’s Consumer Protection and Cyber Crime Divisions. The man was arrested Wednesday morning at his home in the Clear Creek community, where investigators found over $2 million worth of counterfeit goods, according to the AG’s office. Items discovered...
Police seize counterfeit jewelry, bags worth $700K
NEWPORT, R.I. (AP) — Police in Rhode Island say they have seized suspected counterfeit jewelry, purses and handbags worth more than $700,000.
The Newport Police Department says the items are knockoffs of high-end brands such as Louis Vuitton, Michael Kors and Chanel. They were found at seven different Newport stores.
Police say they were tipped off about the counterfeits in June. They say no arrests have been made, but the investigation continues.
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Avis Budget Group Inc., down $3.30 to $30.90
The rental car company cut its annual earnings forecast as low prices and rising costs continue to hurt its business.
SeaWorld Entertainment Inc., down 85 cents to $12.76
The theme park company reported weak revenue as it struggles to attract customers, and lowered its annual forecast.
Michael Kors 1Q results top Street even as sales weaken
LONDON (AP) — While sales at Michael Kors softened during the first quarter, the luxury handbag and clothing company handily topped Wall Street expectations, and a strong outlook for the quarter and fiscal year 2018 sent shares soaring nearly 20 percent.
For the three months ended July 1, Kors earned $125.5 million, or 80 cents per share, which was 18 cents better than industry analysts had projected, according to a poll by Zacks Investment Research.
Caterpillar and McDonald’s surge while 3M stumbles
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday:
Michael Kors Holdings Ltd., up 2 cents to $34.93
The handbag and accessories retailer said it will buy shoe maker Jimmy Choo for $1.35 billion.
McDonald's Corp., $7.22 to $159.07
The chain had a stronger-than-expected second quarter as $1 sodas and premium burgers helped its U.S. sales.