Anyone thinking about trimming thier long term holdings in JWN to buy some KORS, or just purchase KORS shares outright. The company looks to have a excellent growth outlook and is executing well. Of course when you buy a company that is run by a celebrity name you always run the risk of that persons demise, either by reputation or death...any thoughts?
JWN is a less risky bet than any one brand. Too many brands end up blowing up. They're hot for a few seasons. RL has been an exception, but I still like JWN's numbers. Further, JWN's customers are somewhat less affected by the weakness in the economy.