While luxury retailers have been performing well as of late, Michael Kors's major competitors Coach (NYSE: COH ) and Ralph Lauren have not been nearly as successful as Michael Kors in recent years. Both competitors are, in terms of revenue, currently larger than Michael Kors but as one can see from the three companies recent results, Michael Kors is quickly catching michael kors watches on sale For its most recently completed quarter Coach, reported a 1% decrease in sales when compared to the third quarter of the previous year, and EPS of $0.77 which is precisely the EPS from the same quarter last year. Fashion leader Ralph Lauren also reported strong earnings for the quarter; however, the company fell short of the type of growth rates that Michael Kors is showing.
One is an A-list actress and the other a renowned fashion designer, so when Gwyneth Paltrow and Michael Kors announced that they were michael kors bags sale forces for a special collaboration, the results were likely to be pretty special.And now, we can bring you a first look at the duo's one-off Christmas collection, which has just landed on Gwyneth's website, Goop.com.The range was inspired by znuxqyqn actress's personal wardrobe and her favourite items from Kors's collections.Coach was once hot because it was an aspirational brand, but not anymore," said Kristin executive director at bcsjcjgi equity firm PMG Venture Group.
Shares of Michael Kors Holdings (KORS) rallied more than 6% Tuesday on the news, bringing this year's gains to over 55%.Since their stock market debut in December 2011, Michael Kors shares have nearly quadrupled. Last week, the got the Wall Street equivalent of a well-reviewed runway show. The stock was added to the S&P 500.It's hard to find anything that's going wrong at the company right now. Comparable stores sales, a key measure for retailers, increased 23% in the quarter. Same-store sales at Kors have now increased for thirty straight quarters.European sales more than doubled compared to a year ago. During the company's earnings call Tuesday, Michael Kors CEO John Idol said the company is also aiming do more in xsyvysxw He said the company views some of its top competitors to be "two or three of the very largest global Italian and French luxury goods players."
Evening, too, captured an understated sensibility, although deceivingly so. His black shift dress was cut like a T-shirt, the most basic of basics, yet came entirely beaded in a black paisley motif.Elsewhere, more jeweled paisleys elevated otherwise simple silhouettes. They adorned pale-blue shantung pants, which were shown with a gray cashmere sweater and a camel-colored Chesterfield coat, while a crystal brooch was elegantly fastened to a preppy scarf.The shoes, most of them flat, were also casually chic. Even his sneakers, a first for main collection, were rendered in luxurious crocodile.