Capri is led by Michael Kors (68% of fiscal 2024 sales), a major brand in the attractive midtier handbag market. However, we believe it lacks the brand strength to provide an economic moat for Capri, ...
American consumers were expected to spend some $10.8 billion on Black Friday, although more than 70% would be online. That’s almost a 10% increase over 2023, when U.S. shoppers spent $9.8 billion on ...
Belk CEO Don Hendricks’ focus on national brands is helping fuel the department-store chain’s turnaround. The Charlotte-based retailer added 183 national brands to its product roster in 2023. Expect ...