Has Michael Kors fallen off yet or what?

[1970s HeRon Flow]

i'm wearing this watch right now:

and i get CRAZY compliments on it all the time. i don't typically wear michael kors watches, but i couldn't pass this one up.

I bought this nice gold one,only thing MK i own,some of their simple stuff looks nice,posters on here talkin down on anything MK but half these posters are broke bums so...

 

[FlyRy]

Micheal Kors is a brand poor people rock to look like their rich
It used to be Coach.

Somewhat of this

hoodrats turned that shyt into coach status in like a year and a half.

I called it on here back then

 

[I_Got_Da_Burna]

MK makes nice shyt but it's going to be coach status soon

 

[dora_da_destroyer]

the watches are wack.

the luxury collection isnt what brings all of its revenue though i'm sure. i'm talking from a pure revenue standpoint will they fall off ? @dora_da_destroyer

bruh, contrary to small minded thinking, brands like that don't fall off because it loses steam with an urban audience...nautica, hillfiger, polo are all strong even though they're not urban staples any longer. the brand is not a fad, he's a long established name in fashion. now whether the company picks a poor strategy or misses on targets due to poor buisness decisions, that's another story, but shorting the stock because sherwanda and them aren't as excited about their MK boots is not a good move.

and their women's watches are definitely hot, easily one of the most popular watch brands in the $100-300 range.

 

[dora_da_destroyer]

MK makes nice shyt but it's going to be coach status soon

what is coach status? coach was never chanel, balmain, hermes, etc. coach was always entry level luxury/upmarket, not high-end/couture. coach is still selling, still has customers of all ehtnicities, etc. the only thing that got played out about coach was their logo print, which honestly got played out by everyone except LV

 

[Ohene]

bruh, contrary to small minded thinking, brands like that don't fall off because it loses steam with an urban audience...nautica, hillfiger, polo are all strong even though they're not urban staples any longer. the brand is not a fad, he's a long established name in fashion. now whether the company picks a poor strategy or misses on targets due to poor buisness decisions, that's another story, but shorting the stock because sherwanda and them aren't as excited about their MK boots is not a good move.

and their women's watches are definitely hot, easily one of the most popular watch brands in the $100-300 range.

Lol I'm not talking about the hood.... I'm talking about the general middle class consumer. Who you trying to condescend

 

[TooLazyToMakeUp1]

What's that?

 

[Ohene]

Lol I'm not talking about the hood.... I'm talking about the general middle class consumer. Who you trying to condescend

And as far as shorting the stock it's about expectations versus reality. I think the growth expectations are too high and that they have plateaued a bit

 

[Flash Thunderton]

Can any brand really last without a good percent of male consumers?

 

[Ohene]

Can any brand really last without a good percent of male consumers?

Right? They can last but there's a mega ceiling

 

[dora_da_destroyer]

Lol I'm not talking about the hood.... I'm talking about the general middle class consumer. Who you trying to condescend

yall nikkas brought up thots and hoodrats as being the reason it's hot...so that got addressed in my replies to you. MK was on a growth spree, point blank is it's too early to think you're going to short them

 

[LezJepzin]

I work at Macy's and I've been real good off these women with their Michael Kors shoe cravings .

@ it being a brand for thots. Young and old, any race, income bracket is into the brand. I'm how some of them are determined to have so many matching MK sets (I.e. shoes to go with the handbag to go with the wallet to go with the watch in the right color and matching MK logo) There's an open position in my department as a MK specialist. I would get a cut of all of the MK shoes sold in your department on top of the commission I get already

I thought the wave was going to die a while ago but it's here to stay.

 

[dora_da_destroyer]

Can any brand really last without a good percent of male consumers?

i believe so, there's only so much you can do with men's clothing, especially at that price point. women's fragrances, accessories, dresses, shoes can sustain a brand. chanel only started selling menswear ~10 years ago, that house is still very dedicated to women

edit: vera wang is still all women's i believe

 

[Ohene]

yall nikkas brought up thots and hoodrats as being the reason it's hot...so that got addressed in my replies to you. MK was on a growth spree, point blank is it's too early to think you're going to short them

If I had the money to buy put options earlier this year/wanted to short I woulda made back. It's went from like $99 to $70 .

Do you even know what moves share prices ? You're a marketing major right?

 

[Ohene]

I work at Macy's and I've been real good off these women with their Michael Kors shoe cravings .

@ it being a brand for thots. Young and old, any race, income bracket is into the brand. I'm how some of them are determined to have so many matching MK sets (I.e. shoes to go with the handbag to go with the wallet to go with the watch in the right color and matching MK logo) There's an open position in my department as a MK specialist. I would get a cut of all of the MK shoes sold in your department on top of the commission I get already

I thought the wave was going to die a while ago but it's here to stay.

Props for the insight