Michael Kors Is Fiercely Competing With Coach but KORS is also faltering and Discounting and brand perception is cheapening for BOTH.
Coach Store In High Traffic Mall Is Dead And Everything On Discount Even The Newest Merchandise! Debt Rising, Stock Price Falling, Soon Very Difficult For Coach To Raise New Money!
Kors merchandise is on sale everywhere now I noticed with heavy discounting going on.
I was at a remolded store that at first I thought would show improvement and it seemed to improve some at first but then the store traffic just died out again...
One thing to note about Kors now is that there seems to be a lack of newness and the handbags are staring to look very plain and similar to what costs much less by other manufacturers.
I was checking on KORS again this weekend and it was again very slow in there at a busy time in our mall.
COACH Store Is Dead at a Popular Mall, You Get A 50% OFF Coupon Soon as You Walk In ! Sales Signs Gone From Windows But It's All 50% OFF ! I think they don't know what they're doing??
KORS store has 1/2 the people in it now than this time last year and lots of things are marked down! Other stores in the mall have good to high traffic so KORS is obviously suffering and losing it's luster! I check the mall stores on Saturdays and Sundays when things should be busy..
Local store has been dead as a door nail!
Nothing but the Truth Right In Kors Face Here!!!
The Kors stores in my area look like they have less than half the traffic they had this time last year for a Saturday and Sunday visit to the mall. I go regularly to see since I invest in retail.
Insider sold massive amounts of KORS Stock at I think around 70-80 , check yahoo Insider trading. They knew things were ready to start falling apart and they cashed out! I think it's actually going to go out of business because everything it sells is going to become a much cheaper commodity. Just too many similar things in other mall stores selling for 1/10th the price and too many similar stores out there now!!! This is a $2 stock then later it's a zero dollar stock. Left Investors HOLDING THE BAG!!
Women Wising-UP That Kors Just Charges Higher Prices For Similar Things They Can Get Else-wear! Web Searches in Steep Decline For Kors! There's so many similar clothes for much less for women in so many different mall stores now how can Kors Compete? They were used to being able to get $300 for clothing that you can buy else-wear for $30 and the handbag trend is falling apart... Kors is likely going out of business in 2 or 3 years?