The Emerging Opportunities In Critical Aspects For Bags Online

The Emerging Opportunities In Critical Aspects For Bags Online

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In the past few years online shopping has boomed into the spotlight resulting in the demise of luxury retail brands even those with the best locations. Here are a few recent examples to prove our point: Popular Searches +0.38% 1. Michael Kors After Wednesdays earnings report, Michael Kors Holdings Ltd (NYSE: KORS) became the worst performer of the day on the NYSE. In fact, the stock plummeted almost 15% . Why? The company reported a big drop in its expected holiday sales compared to previous years and ranked its sixth quarterly drop in the last seven quarters. This may be somewhat due to the fact that Michael Kors made the decision to terminate most of its distribution to department stores which typically sell the bags at discounted prices. At an attempt to save the luxury brand name of the bags, the decision cost Kors nearly 18% in revenue, and didnt leave investors feel too luxurious, either. 2. Tiffany & กระเป๋า MANGO Co.

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