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| yanda | Feb 21 2016, 11:26 PM Post #1 |
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Michael Kors products are sold in michael kors outlet usa sale its own 400 retail stores and in 3,700 department and specialty stores world-wide. Shown, an employee arranges bags at a Kors store in Seoul. ENLARGEMichael Kors products are sold in its own 400 retail stores and in 3,700 department and specialty stores world-wide. Shown, an employee arranges bags at a Kors store in Seoul. Bloomberg News Kors quickly stole share from rival Coach Inc., a pioneer of affordable luxury. Kors's share of the $11.4 billion North American premium handbag and accessories market has grown to 18% now from 3% in 2009, according to Barclays. Over that period, Coach's share has fallen to 24% from 35%. In 2015, Michael Kors was named a Global Ambassador Against Hunger for the United Nations World Food Programme. That same year, God¡¯s Love We Deliver dedicated the Michael Kors Building at the non-profit¡¯s new SoHo headquarters in honor of Kors¡¯ ongoing support. In 2013, Michael was selected for The Time 100, the magazine's annual list of the 100 most influential people in the world. He also made the New York Observer's list of the 100 Most Influential New Yorkers, under the fashion category. Kors was honored by The Couture Council of The Museum at the Fashion Institute of Technology (FIT) with the 2013 Couture michael kors watches sale Council Award for Artistry of Fashion. Most recently, Kors was named to Out magazine¡¯s 2014 Power 50 List. In 2013, Kors presented Hillary Rodham Clinton with the first-ever Michael Kors Award for Outstanding Community service. In 2012, Kors was honored with the Golden Heart Lifetime Achievement Award by [[God's Love We Deliver]], a non-profit organization that distributes fresh meals to people living with HIV/AIDS and other diagnoses, which he has been involved with for over 20 years. In 2010, Kors received the Oliver R. Grace Award for Distinguished Service in Advancing Cancer Research, an annual honor bestowed by the Cancer Research Institute, a U.S. nonprofit organization dedicated to advancing immune system-based treatments for cancer. In 2010, Kors was the youngest recipient ever of the Geoffrey Beene Lifetime Achievement Award from the Council of Fashion Designers of America (CFDA) and received the Fragrance Foundation¡¯s FiFi Award for Lifetime Achievement. On a recent morning at the Fulton Mall Macy¡¯s, a woman named Alethea Taylor, who lives in Crown Heights, was taking pictures of the bags with her phone, to pass on to her partner, who she hoped would buy her one for her 40th birthday. She already had three. Another woman, with two children in tow, had already bought several of the bags, some of them on layaway. One particular tote, costing $358, was sold out at this particular Macy¡¯s, and at a branch in Parkchester in the Bronx, a saleswoman said, but it was available if you were willing to travel to the Roosevelt Field mall on Long Island. The irony, of course, is that the kind of woman the ads depict is not the kind of woman who is going to buy a $300 bag, because she has a closet full of $5,000 ones at home. There is a perverse logic to the emergence of Michael Kors as the ultimate aspirational brand during the country¡¯s most dramatic period of social inequality. In New York, census figures released thi michael kors watch cheap sale s week indicated an ever more expansive divide between rich and poor. One of fashion¡¯s cruelest means of trickery, one of its prevailing intoxicants, is to offer the illusion of wealth when the reality is too distant to inhabit. Michael Kors (NYSE:KORS) shares have had an extraordinary run in their share price since it went public in 2011. Now, however, alarm bells are ringing as some analysts and commentators are starting to assert negative comments about KORS stock due to alleged discounting of KORS more upscale products. KORS shares are down 2 michael kors bag cheap sale 0 percent from their 52 week high from earlier in 2014. |
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