By  on February 7, 2018

New product designs, plus a bigger push on investments in digital and technology, helped Michael Kors Holdings Ltd. post positive third-quarter earnings results that bested Wall Street’s estimates.

John D. Idol, chairman and chief executive officer, cited progress on the firm’s Runway 2020 initiative, in which turnaround efforts are focused primarily on brand engagement, customer experience and product innovation. He spoke during a company conference call to Wall Street analysts Wednesday morning after the firm posted earnings results.

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