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$COH said that during 3Q16, as in 1H16, all of the retail channel assortment, both men's and women's were Stuart Vevers designs. This was the first quarter that included Coach 1941 that emphasized the elevation strategy. The Rogue, Saddle and Dinky all performed well with price points up to $800 and above.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.