Michael Kors 2017 bags
Uncategorized / April 25, 2017

Michael Kors has been opening new stores in North America, Europe, Asia, and in the Far East, and plans further expansion in these regions. The company sees great potential in the North American market, and expects that it can support a total of 400 stores in the region in the future. In addition, it has similar expansion plans for other regions, with the expectation for 200 stores in Europe and the Far East, along with 100 stores in Japan. In the near term, Kors also anticipates to open 750 shop-in-shops on a global platform by 2015, which will increase the brands reach to more customers. Apart from store expansion, the company is taking various initiatives to improve its product mix. As a result, Michael Kors has started focusing more on the men’s segment. Kors plans to dedicate an entire floor for men at its new SoHo flagship store. The store will act as a pilot launch for its new line of products, for which management sees a potential of around 500 stores globally in the coming years.The company has also launched its new line of fragrance for men that will be sold at Macy’s (NYSE:M), along with its own stores…