Michael Michael kors outlet bags 53.6% quarter revenue growth of Kors
Beijing daily news (reporter Liu Yibo) recently, USA light luxury brand Michael Kors released its fiscal 2014 quarter and full year earnings. Money newspaper shows, as of May 29, 2014 2014 fiscal year discount michael kors outlet four quarters, the company's total revenue of $917500000, $597200000 more than the same period last year increased by 53.6%, same store sales growth of 26.2% to the retail business of the net sales rose 49.7% to $408400000, compared to the same period last year 101 new stores.
Michael Kors, chairman of the board and chief executive officer John Adall said: "our performance in the fiscal year 2014 is very eye-catching, same store sales growth of 26.2%, earnings per share growth of 63.5%. We believe that Michael Kors the expanding global brand awareness will increase the market to us the luxury of the huge demand, will continue to stimulate the MichaelKors as a global lifestyle brand growth. In addition, Michael Kors and our design team will continue to create unique fashion luxury goods store, the michael kors outlet online one and only JetSet experience will as in the past and customer demands agree without prior without previous consultation. Overall, we took a strong momentum into the 2015 fiscal year, we are still on the next year and the future prospects for the development of excited."
In this regard, a domestic luxury goods experts said, Michael Kors as light and leading brand, from the global market to Chinese market brands Michael kors factory outlet now ushered in the good opportunity of fast development. More and more michael kors handbags outlet domestic consumers for the purchase of luxury attitudes increasingly rational, consumers have changed from the simple pursuit of brand to enjoy life direction.