Michael Kors is entering the golf world through a sponsorship of pro golfer, Charl Schwartzel, who will serve as the company's first brand ambassador in golf. Schwartzel will help expand the brand's sportswear category.
Following reports of burgeoning fourth quarter sales, the Philadelphia-based lifestyle company released its full Q4 and fiscal year 2018 results on Tuesday, with income suffering from a sharp peak in tax rates.
Nordstrom Inc said it had rejected an indicative take-private offer from its founding family group worth about $8.4 billion, a 2.2 percent discount to the U.S. department store operator’s market value as of Monday.
The American sportswear brand announced a series of initiatives designed to better serve its female sneaker consumers on Wednesday, including the launch of Nike Unlaced, a women’s sneaker platform and retail concept.