Michael Kors 2015 handbags
Uncategorized / November 25, 2017

The company is of local interest to me, since I live in the same community (Fort Wayne, Indiana) where it began and keeps it headquarters, and I have written on it twiceduring 2016.To say that it has had a disappointing performance over the last year is surely an understatement, but the declining revenue has been an ongoing trend,Michael Kors 2015 handbags eroding from over $530M per year to a projected ~$490 for FY 2017 (which just wrapped up for Vera Bradley last week).Similar to other retailers, Vera is caught between steady fixed costs, while getting consumers to accept less discounting has proven a challenge. One of Vera Bradley’s mainstream retail partners,Michael Kors 2015 handbags Macy’s (NYSE:M), has had its own well publicized struggles recently, and Vera’s own management has pointed to the difficulty in pricing power as a headwind. Robert Wallstrom, Vera’s CEO, responded to a question about specialty retail during the Q3 earning call in December this way (emphasis added).Retail is currently undervalued.DSW is currently undervalued and has short-term and long-term tailwinds.There will always be a demand for phyiscal stores in certain categories. DSW’s (NYSE:DSW) fundamentals are very attractive. It is highly profitable with an annual EPS growth of…