Micahel Kors (KORS) is one of the fastest growing brands in the specialty retail space. It's a great opportunity to grow with increasing SSS increase in new stores in the United States and abroad, and new product offerings. Since the IPO in December 2011, were all drivers of growth on fire - SSS store growth in the United States, improved wholesale channel, Europe and Japan, the penetration and improved margins thanks to a favorable product mix. The stock has room to run higher and may reach $ 75 to $ 80 within 6 to 12 months.
Michael Kors is ready to wear a world-renowned, award-winning luxury accessories and designer. His namesake company, established in 1981, currently produces a range of products through his Michael Kors, KORS Michael Kors and MICHAEL Michael Kors labels, including accessories, shoes, watches, jewelry, men's and women's ready to wear, and full line of fragrance products .
Investment Fund
Take market share - Target promotes unique brand KORS. Michael Kors embodies a lifestyle image of jet-set, which gives a new personality in the retail space. The brand creates glamorous and chic products, and resonates with their customers (25-54 with income> $ 50K) is very good. Since the start of the best MICHAEL Michael Kors collection awareness of the Michael Kors brand has grown significantly in the United States, up to 78% compared to 11% in 2004. After Q3 2013 (December 2012) earnings call set management "In Europe we are the market share in accessories, footwear, watches and clothing to win markets by leveraging our brand recognition through advertising, public relations and social media activities." (COH) profit in the last quarter due to the coach pointed out that sales growth of 7% and SSS increase of 1% in North America (note the quarter before SSS 2%) This clearly shows that the coach loses his fight at home. KORS '50% + growth rate of revenue well above the industry average, which means that it is the actions of its competitors at home and abroad.
没有评论:
发表评论