Has Michael Kors fallen off yet or what?

Psychosis

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Dope thread. I cop the occasional bag for my girl. :whoa: It's an easy gift. :yeshrug:

My theory is: Once the can collecting Chinese old ladys are rocking it, its officially :deadhorse:. How you gonna collect cans and rock a "MK" purse. :russ: Same thing happened with Coach, same thing happened with LV.

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

:heh: @ it being a brand for thots. Young and old, any race, income bracket is into the brand. I'm :mindblown: 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.

Breh, I copped a pair of MK pink pumps for my girl @ Herald Sq Macy*s in NYC. The women are :leon:. Donkey bootys, cleavage, nip slips, thongs hanging out.. You must love that job. :myman:Women starting near riots in the clearance section :ohlawd:
 

NobodyReally

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Dope thread. I cop the occasional bag for my girl. :whoa: It's an easy gift. :yeshrug:

My theory is: Once the can collecting Chinese old ladys are rocking it, its officially :deadhorse:. How you gonna collect cans and rock a "MK" purse. :russ: Same thing happened with Coach, same thing happened with LV.



Breh, I copped a pair of MK pink pumps for my girl @ Herald Sq Macy*s in NYC. The women are :leon:. Donkey bootys, cleavage, nip slips, thongs hanging out.. You must love that job. :myman:Women starting near riots in the clearance section :ohlawd:

This doesn't make any sense to me. The Coach store on 5th avenue in NYC is not "thot" or "hood" central. I rarely see black people in there at all, and it was there long before the inner city Coach trend. I think y'all just pathologize anything you see a girl from a hood trying to do and automatically label it as "ghetto". Michael Kors, Coach, and all of these "trendy" brands that hood girls like aren't going anywhere because their main constituents were and still are upper middle class white women.
 

Regine Hunter

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How many of yall nikkas is buying Kors purses, watches and shyt for your girls? I always thought itd be a fad...is it still popular amongst hoes or nah? :sas2:
for West African women age 30 and up, it will never die.
 

Sad Bunny

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Nicki rapped about it and hoes wanted it.

Thank gawd my girl ain't a thot :blessed:
 

☑︎#VoteDemocrat

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RetailMore: Retail Michael Kors
3 reasons Michael Kors isn't cool anymore

  • FEB. 5, 2015, 3:18 PM
  • 7,362
  • 6
GettyMichael Kors shares have been tumbling this year.

The Michael Kors brand might be past its prime.

The fashion label, which enjoyed a stunning rise in popularity in recent years, is facing new challenges to its business. Michael Kors shares are falling after the company reported a weak outlook for the future.

Here are a few big problems with the brand.

1. Everyone is wearing Michael Kors.
Widespread popularity is the "kiss of death for trendy fashion brands, particularly those positioned in the up-market younger consumer sectors," industry expert Robin Lewis writes on his blog. Lewis compares Michael Kors to Tommy Hilfiger, which reached its peak in the late '90s.

Michael Kors is considered an aspirational brand, with consumers paying a premium for its label. Once everyone has the product, it is no longer considered cool.

Other brands who have experienced this phenomenon include Juicy Couture, Jordache, and Coach.

Baird Equity ResearchGoogle searches for the brand are declining in the US.



2. Inventories are piling up.
Michael Kors is entering the current quarter with a 65% inventory increase, writes retail equity analyst Marie Driscoll.

While the company says that the excess inventory is because of the company taking the e-commerce business in-house, Driscoll is skeptical that it will sell.

"That’s a lot of inventory in an increasingly competitive category," she writes. "I'm worried."

She also compares Michael Kors to the Tommy Hilfiger collapse more than a decade ago.

"While the brand continues to enjoy vibrant demand, these investors are on to greener pastures," she says. "It’s probably time to sell KORS shares!"

3. The strategy could backfire.
Michael Kors has also has several brands at different price points, a strategy that could easily backfire, Lewis says. Kors has a high-end department store brand, a middle-market brand, and discount outlet stores.

"Some would argue all of those segments will simply end up competing with each other, thus cannibalizing the top end of the spectrum," he writes.

In other words, consumers won't pay $300 for a department store Michael Kors bag when they can get one at the outlet mall for half-price.



Read more: http://www.businessinsider.com/michael-kors-brand-inventories-rise-2015-2#ixzz3QvKqSSoc
 

Ohene

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MK been around long and strong before it become hot in the hood. Plus, he has the basic bytch line and a higher price point line that makes less guady shyt (like that logo purse :gag:), he's not going anywhere. And his watches are pure piff :lawd:
stock price from the high 70s to high 40s since I made this thread :ohhh:
knew i shoudlve shorted this pos
 

Fun Sized Psycho

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3. The strategy could backfire.
Michael Kors has also has several brands at different price points, a strategy that could easily backfire, Lewis says. Kors has a high-end department store brand, a middle-market brand, and discount outlet stores.

"Some would argue all of those segments will simply end up competing with each other, thus cannibalizing the top end of the spectrum," he writes.

In other words, consumers won't pay $300 for a department store Michael Kors bag when they can get one at the outlet mall for half-price.
if that's the case, this would happen to a lot of stores. A lot of brands have stores at outlet malls.
 
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