Michael Kors owner Capri shares plunge after revenue falls across the retailer’s luxury brands

Revenue fell across the company’s luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.

Under Armour raises outlook as company defends high inventory level

Under Armour has an inventory glut that’s up slightly from its last quarter and 50% year-over-year despite heavy discounting and promotions.

Movie theaters are launching creative food initiatives as they struggle with heavy debt loads and empty seats.