USA: Kenneth Cole Enjoys Q3 Earnings Jump
Clothing, footwear and accessories manufacturer Kenneth Cole Productions Inc on Wednesday posted a big jump in third quarter earnings from the year-ago period thanks to higher sales and improved cost control. The New York-based company, whose brands include Reaction Kenneth Cole, Bongo and Unlisted, said net earnings in the quarter ended September 30 rose 48.5 per cent to 49 cents a share from 33 cents last year.