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Bon-Ton Reports Q2 Earnings, Lowers Guidance

In What's New by Accessories Staff

The Bon-Ton Stores Inc. has reported its second quarter earnings, noting a loss of $39.6 million. Total sales in the period decreased 1.4% to $555.4 million, compared with $563.5 million in the second quarter of fiscal 2014. E-commerce remained a bright spot, however, with a continued trend of double-digit sales …

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Kors Posts Good News in First Quarter

In Industry News, What's New by Accessories Staff

Despite an overall slowing handbag market, lighter retail traffic and complaints of Kors oversaturation and discounting, Michael Kors posted positive–and better-than-expected–results in its fiscal 2016 first quarter ended June 27, 2015, driven by shoes and accessories. In a nutshell: Total revenue increased 7.3% to $986 million. Retail net sales increased …