it said it expects its pending acquisition of the luxury shoe brand jimmy choo. to bring in about two hundred and seventy five million dollars before the end of the year. i hear from shop to take counting their takings as the biannual sales period wraps up this tuesday. it's been a mixed bag for many retailers summer clothing sold well but fewer shoppers were seeking out deals. industries asking the government to consider changing the regulations which dictate when it can reduce prices. as nadia massey explains. fifty or even seventy percent off prices slashed at the end of france's summer sales. shoppers took advantage of the last few hours before the stores close to hunt down some final bargains. and buying a pair. i'm very happy i'm taking advantage right up to the last minute. the retailers it's not been an easy season. shopping numbers on down one point three percent compared to last year. although a spike in interest at the beginning of the summer meant the sextet could have fed worse things have been me too on the weather was very good at the beginning of

they said they want jimmy choo to be its own brand with its own leadership. distinctive product but i'm sure investors would like to see if there is some supply chain or synergies that can be found. suffered likeuren many others from a loss of prestige. . it has a new chief executive some signs -- it has a new chief executive. a turnaround is happening? sarah: they have also been trying to get out of the off-price channel. that seems to show some improvement and the new ceo seemed to suggest that he will continue forward with a lot of the operational efficiency measures. it seems like we can expect some continuity on that front. vonnie: the shoe business seems to be in full flight. what are the different segments that will be succeeding over the next few quarters? sarah: handbags are a critically important one to watch for, with kors. they have a lot of innovation going on in that space. we really want to see if they can really rev the engine in that department. obviously shoes are a high-margin purchase. it is good for those companies to see momentum in thos

and they have made strategic moves like, kors, buying jimmy choo going to add 275 million dollars totrategic defensive more upbeat has been so bad so long now changing their tone tenure it is guidance going forward driving prices down. >> they have a suffrage to deal with goliath have a that has become amazon eating. >> that is right guiding lower ralph lauren expect second quarter revenue to fall 9 to 10% after they said things -- >> i need to answer in a question because pivotal nike now capitulated going to sell direct to consumer through amazon platform under armour has not done that we will see if under armour is going to do that you are starting to go see big brands starting to work fashion is the next leg of growth, for amazon they said it themselves they only have scratched the surface so this is a big thing, and the nike did that share price went up because other companies were selling them, were selling -- nike products. >> platform we live in amazon economy, today, we have to look at 'that is going on in that retail sector. >> they are trying to figure out -- they haven't

are getting a pop on earnings, kors raised 2017 guidance touting acquisition of luxury shoe brand jimmy choostors have to have their shoes, yes. to the crisis with north korea becoming more worrisome. according to new report done by the defense intelligence agency revealing that north korea has successfully created this sort of mininuclear war head that can fit inside the missile. it's not even tipping the missiles, it's miniature, it fits inside and could put the rogue nation several steps closer to becoming a capable nuclear power nation sooner, very soon rather than later. news comes after north korea makes fresh threats against the u.s., vowing -- remember yesterday, we will get at you a thousand fold and we will have severe repercussions towards you, now they are saying they are vow to go send packs of wolves to strangle those opposing leader kim jong un. does this new information fasttrack the u.s. preparedness to immediately respond to a potential attack? let's bring in democratic congressman john geramendi. give us a sense of how they were feeling in north korea, i mean, they are ver

but they're cutting back on the promotion, and they're making acquisitions like jimmy choo which is also the coach turn around play book for kors >> yes coach did this and they started a long time ago. kors is still, as i say, going down the hill rather than up the hill coach has come up the other side and they're coming up the hill so they're way ahead of them i think ralph is ahead of them, not as far along as coach. michael kors is yet to come. so at some point, i would have been recommending michael kors i'm not there now and i wasn't there today. but yes, they're in the same playbook as the other two. >> ike, i know you've been on this team, as well, saying brands are in a better spot than actual retailers, that their party sellers. you also were pointing i think to hanes brands. is that another one that you see as potentially a haven here or has the market figured that out? >> yeah. and i'll echo what has been said the brands are mass ofly outperforming the retailers. the amazon and the online boogieman can't hurt the brands the way it hurts the retailers but we're bullish on the b