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Management expects fourth-quarter revenue to be $790 million to $800 million and earnings between 63–65 cents a share. mcm wallet price With word on the street that sooner or later Tory Burch will go for an IPO on top of plans for further international expansion for both design houses, the battle may get tougher.Mcm Backpack Review However, despite market-leading growth in the luxury arena, both stocks have seen sizable stock losses. Idol, chairman and CEO of MCM, reports WWD. Kate Spade has more debt (as a percentage of total assets), around $400 million, than either Ralph Lauren or MCM. Revenue strength was broad-based across regions, most notably Europe. [mcm wallet price] However, this process tells us nothing about a company's longevity or consumer demand, as such growth becomes artificially inflated.
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