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Fly News Breaks for March 2, 2020
Mar 2, 2020 | 08:47 EDT
Wedbush analyst Jen Redding lowered the firm's price target on Kohl's to $35 from $45 and keeps a Neutral rating on the shares. The analyst is "cautious" into Q4 earnings announcement on Tuesday, March 3, as Wedbush big data shows a sharp spike in inventories coupled with her proprietary promo tracker, which indicates promotions continue to run higher year over year incrementally.
News For KSS From the Last 2 Days
Apr 20, 2021 | 08:12 EDT
Kohl's announced today a new partnership to bring TOMMY HILFIGER men's sportswear to more than 600 stores across the country, and an expanded assortment on this fall. Tommy Hilfiger, known for creating high-quality apparel that is globally recognized for its classic American cool style, will offer Kohl's customers an assortment of timeless staples as well as seasonal styles from its men's sportswear collection. Kohl's will feature an elevated branded in-store and merchandise experience in nearly 100 stores that punctuates TOMMY HILFIGER's iconic red, white and blue aesthetic and furthers Kohl's modernized store experience. "We are excited to partner with TOMMY HILFIGER, one of the world's most recognizable designer lifestyle brands, to bring their iconic assortment of casual essentials to our 65 million customers nationwide," said Doug Howe, Kohl's chief merchandising officer. "Known for seamlessly blending premium styling, quality and value, the TOMMY HILFIGER brand brings consumers aspirational and accessible apparel designed for everyday wear. The addition of TOMMY HILFIGER further supports our continued work to evolve our brand portfolio to increase our relevancy with our loyal customers and bring new customers to Kohl's."