Forum Telefonów

Forum miłośników telefonów komórkowych i smartfonów
Teraz jest 21 sie 2018, o 05:42

Strefa czasowa: UTC + 1

Utwórz nowy wątek Odpowiedz w wątku  [ Posty: 1 ] 
Autor Wiadomość
 Tytuł: Women’s shoes
PostNapisane: 26 lip 2017, o 03:18 

Dołączył(a): 20 lip 2017, o 07:16
Posty: 6
Michael Kors Holdings Ltd.’s purchase of Jimmy Choo is a pathway into the luxury men’s shoe department.As part of the $1.2 billion deal, Michael Kors KORS, +0.06% said it sees the opportunity to grow Jimmy Choo into a $1 billion brand, better position itself in the luxury footwear space, and expand in luxury accessories.Michael Kors also has its eye on men’s footwear, saying in the deal announcement that Jimmy Choo is “adding a twist to classic shapes” in men’s evening shoes.

“Women’s shoes are at the heart of this leading fashion luxury house complemented by accessories,” said Michael Kors Chief Executive John Idol, according to a FactSet transcript of the acquisition call Tuesday morning. “In addition, the company has built a significant credibility in men’s Adidas ZX Flux Femme footwear with an Nike Air Max 2016 Femme assortment that extends from evening to active styles.”Retail sales of men’s designer footwear have grown faster than women’s designer shoes over the last three years, according to data provided by Euromonitor International, a market research provider. Still, women’s luxury footwear is the bigger market, generating $17.7 billion in 2016. Men’s luxury shoes generated $9.6 billion in global retail sales Adidas NMD Homme last year. According to Pedro Aguilar, personal accessories analyst at Euromonitor International, “that disparity is unlikely to narrow significantly over the next decade.”

More broadly, the purchase is a way for Michael Kors to maintain its luxury status. The company is pulling back from the wholesale channel to better control discounting and merchandise availability, both threats to brand health.“There has been Adidas ZX Flux Womens talk about Michael Adidas Ultra Boost Kors and his outlet strategy, specifically around whether he was damaging his brand from a luxury standpoint,” said Kathy Gersch, EVP at strategy and management firm Kotter International. “Acquiring Jimmy Choo is clearly a way for Michael Kors to continue to compete in the upmarket of the retail segment.”One key issue with the acquisition is that it doesn’t solve the problems that Michael Kors has with Nike Air Max 2017 Mujer handbag sales, particularly that customers have been unwilling to pay full price for his merchandise.

“With plans to further penetrate the men’s luxury footwear category, Michael Kors aims to increase Jimmy Choo’s sales to $1 billion (vs. about $460 million in ‘16),” wrote Tuna Amobi, equity analyst at CFRA, in a note, noting that Michael Kors expects the purchase to be accretive by fiscal 2020. “We are somewhat Nike Air Max 90 Mujer skeptical of Nike Roshe Run Womens Michael Kors’ targets, also noting a somewhat lofty purchase premium of over 36% since Jimmy Choo’s auction started in late April.”Read: Back-to-school shopping goes mainstream with deals on eyewear, fitness apparel and kitchen appliancesWells Fargo analyst Ike Boruchow also called attention to the purchase price in a note, saying it’s “indicative of the retail landscape where major players are gaining scale Nike Air Max Thea Damen and resources, and few high-quality acquisition options are available.”

 Zobacz profil  
Wyświetl posty nie starsze niż:  Sortuj wg  
Utwórz nowy wątek Odpowiedz w wątku  [ Posty: 1 ] 

Strefa czasowa: UTC + 1

Kto przegląda forum

Użytkownicy przeglądający ten dział: Brak zidentyfikowanych użytkowników i 1 gość

Nie możesz rozpoczynać nowych wątków
Nie możesz odpowiadać w wątkach
Nie możesz edytować swoich postów
Nie możesz usuwać swoich postów
Nie możesz dodawać załączników

Skocz do:  
Powered by phpBB® Forum Software © phpBB Group
Przyjazne użytkownikom polskie wsparcie phpBB3 - phpBB3.PL