Meanwhile, investors were focused on the shorter-term outlook.
Coach’s North American sales were a plus; Kate Spade contributed to the bottom line and Stuart Weitzman had execution issues.
Laura Dern, Tavi Gevinson and Sasheer Zamata are the faces of the campaign.
Hale and Isla Fisher attended Kate Spade’s presentation on Friday morning.
Buying back overseas businesses would give the company total control over brand distribution.
The company also announced some acquisitions in connection with its overseas distribution.
The watchmaker announces new color ways, alongside new wearables by Misfit, Kate Spade and Skagen.
Younger consumers are said to be moving away from buying “things,” but there’s a lot behind the perceived shift.
On the agenda are store refreshes for Kate Spade and Stuart Weitzman.
Acquisition costs connected to its $2.4B deal for Kate Spade pushed Q1 into the red.