Citigroup Downgrades Michaelkors'S Stock Rating

< p > MichaelKorsHoldingsLtd. (NYSE:KORS) was lowered by Citi Citigroup rating, from pre buy to neutral, while the famous investment website SeekingAlpha also said that compared to RalphLaurenCorp. (NYSE:RL) a href= "http://www.91se91.com/news/index_c.asp" > Ralph J Lauren /a and http://www.91se91.com/news/index_c.asp, the market value of the market was obviously high, although its market value was in line with long-term prospects.

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< p > receiving news, MichaelKorsHoldingsLtd. (NYSE:KORS) opened its stock market on Tuesday, and the stock price fell by 2.65%, at 79.87 US dollars.

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By the end of 2011, MichaelKorsHoldingsLtd. (NYSE:KORS) was listed on the New York stock exchange and became the most successful fashion group after the financial crisis. Its share price has increased by 300% in the past 2 years and its market value has exceeded US $16 billion.

At the end of October last year, it replaced YSEEuronextInc. (NYSE:NYX) New York Euronext as a member of S&P500Index's S & P 500 index.

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< p > over the past three years, the annual revenue growth of MichaelKorsHoldingsLimited (NYSE:KORS) has increased from 58% to 67%, and net profit growth has reached 82% to 152%. Meanwhile, it has gradually eroded the market share of Coach, Inc. (NYSE:COH) (SEHK:6388) in North America.

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< p > with the expansion of North America, Europe, Japan and the Far East, < a href= "http://www.91se91.com/news/index_c.asp" > MichaelKors < /a > HoldingsLimited (NYSE:KORS), the same store sales average growth rate has reached 37% over the past six quarters.

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< p > despite the above achievements, but in the global a href= "http://www.91se91.com/news/index_c.asp" > luxury goods < /a > slowdown, MichaelKorsHoldingsLimited (NYSE:KORS) excessive market value and share price investors worry.

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< p > from the 2012 quarter of fiscal year three to the two quarter of fiscal 2014, MichaelKorsHoldingsLimited (NYSE:KORS) has achieved strong growth. However, from the eight quarter growth in revenue, the same store sales growth and the growth of EPS earnings per share (above), MichaelKorsHoldingsLimited (NYSE:KORS) is in a significant slowdown in the recent year.

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< p > the first financial year after the listing, MichaelKorsHoldingsLimited (NYSE:KORS) is basically in a crazy growth period. In the first three quarters of 2013, revenue growth exceeded 70%, while the same store sales grew by an astonishing 40% on average during the same period, and earnings per share increased by two times in the three quarter of 2013 fiscal year.

However, after the peak of the three quarter of the 2013 fiscal year, the MichaelKorsHoldingsLimited (NYSE:KORS) data began to decline, especially in the same store sales, and the latest quarterly report showed only 22.9%, nearly half a decline compared with the peak.

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< p > Michael Kors (Mike Coles), a famous American fashion designer, owns the clothing brand named after her own name.

He is a minimalist. His style of design is simple and clear. He likes to sew clothes with advanced fabrics. Cashmere knitted style is his masterpiece.

He is also good at designing expensive sports clothes. He is a dreamer who is not divorced from reality. He loves New Yorkers in Paris. He has won the world's attention by his own design.

In addition to focusing on self created brands, it is now accreditation for Project Runway, the Emmy nominated reality show.

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< p > Michael its brand embodies the American style of leisure.

What does he think of the relationship between Celine and his brand? "They will make a big difference.

I am a typical American style, but Celine is magnificent and more internationalized, such as expensive silk fabrics, such as silk, chiffon and leather.

With the personality of both of us, luxury is romantic.

The new Celine made by me reflects the reality of women's life, which can be childish and mature.

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< p > for the upsurge of American designers craze in Paris Fashion Festival today, Michael Kors's view is: now is the age of internationalization, without borders, people are wearing the same clothes, but only according to different needs of life.

From the past Japanese to Paris, to today's Belgian designers, British and American, it shows that fashion is international.

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