Sun Mar 06, 2016 10:16 am
• Superman | 262 Posts | 2620 Points
Kors is still seeing enormous growth overseas, with a 72 michael kors outlet usa sale percent increase in quarterly revenue in Japan and a 72 percent increase in Europe. The brand has a significantly smaller presence in those markets, so perhaps if it loses more cachet in North America, it can continue to draw profits from places where it still has an aura of newness.
While Coach has more stores and outlets than Kors, it has less exposure to department stores, which tend to be aggressive with discounts. Coach sells its products through about 1,000 North American locations, compared with 2,500 North America stores for Kors. That opens up Kors to more discounting, which can hurt a brand's image.
AdvertisementMr. Idol dismisses the concerns but remains sober about the company's prospects. "I don't live in the belief that we will forever be the single hottest brand in the fashion business," Mr. Idol said. "We're not telling anyone that the U.S. ultimately isn't going to slow down from its current pace."
In 2015, Michael Kors was named a Global Ambassado michael kors watches sale r Against Hunger for the United Nations World Food Programme. That same year, God¡¯s Love We Deliver dedicated the Michael Kors Building at the non-profit¡¯s new SoHo headquarters in honor of Kors¡¯ ongoing support. In 2013, Michael was selected for The Time 100, the magazine's annual list of the 100 most influential people in the world. He also made the New York Observer's list of the 100 Most Influential New Yorkers, under the fashion category. Kors was honored by The Couture Council of The Museum at the Fashion Institute of Technology (FIT) with the 2013 Couture Council Award for Artistry of Fashion. Most recently, Kors was named to Out magazine¡¯s 2014 Power 50 List. In 2013, Kors presented Hillary Rodham Clinton with the first-ever Michael Kors Award for Outstanding Community service. In 2012, Kors was honored with the Golden Heart Lifetime Achievement Award by [[God's Love We Deliver]], a non-profit organization that distributes fresh meals to people living with HIV/AIDS and other diagnoses, which he has been involved with for over 20 years. In 2010, Kors received the Oliver R. Grace Award for Distinguished Service in Advancing Cancer Research, an annual honor bestowed by the Cancer Research Institute, a U.S. nonprofit organization dedicated to advancing immune system-based treatments for cancer. In 2010, Kors was the youngest recipient ever of the Geoffrey Beene Lifetime Achievement Award from the Council of Fashion Designers of America (CFDA) and received the Fragrance Foundation¡¯s FiFi Award for Lifetim michael kors watch cheap sale e Achievement.
On a recent afternoon Delia Cario, a housekeeper from the Bronx, went to Macy's in midtown Manhattan to pick up a Michael Kors bag. "At Macy's, I know I'll get a deal," Ms. Cario said. And she did: 40% off.
Consumers are feeling it too. Erinn Lindberg, a marketing executive from Texas, had been a loyal Kors fan for years but is now less enthusiastic about the brand. "These days, everyone has a Michael Kors bag," Ms. Lindberg said on a recent trip to Macy's in Manhattan, where she bought michael kors bag cheap sale a gold Kate Spade satchel. "It's nice to have something different."