Men'S Luxury Luxury Brand Michael Kors Invites Hugo Boss Executives To Join
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< p > Michael Kors Holdings Ltd. (NYSE:KORS) today announced the appointment of Germany Hugo Boss AG (BOSSn.DE), the former president and chief executive officer of the Hugo Bosch group, as the president of the global men's wear. He will report to the chairman and chief executive of the company.
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< p > Mark Brashear just resigned from Germany Hugo Boss AG (BOSSn.DE) last month, the chairman and chief executive officer of the Americas District of Hugo Bosse group, previously serving the French high-end fashion brand Fa Fa onnable song blue for 7 years and the United States chain corporation group Nordstrom Inc. (Inc.) Nodes Tron nearly 23 years.
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< p > > a href= "http://www.91se91.com/news/index_s.asp" > men's wear > /a > president is Michael Kors Holdings Ltd. (NYSE:KORS) based on the group's latest menswear brand construction strategy.
The Mark Brashear, which is already inaugurated in 7, will lead the important development of Michael Kors brand men's clothing business, including focusing on the development of hot watch accessories such as men's watches, the first men's perfume, and the construction of men's wear independent store network. The goal is to grow into a Menswear brand with an annual income of 1 billion dollars, and compete with Ralph Lauren Corp. (NYSE:RL) and PVH Corp. (NYSE:PVH).
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< p > Michael Kors Holdings Ltd. (NYSE:KORS) chairman and chief executive John Idol said in an interview with WWD that the world's first Michael Kors flagship store providing full line men's wear products will be opened in New York's Michael area this autumn. After that, the first 8-10 men's independent stores will be launched quickly to test the market reaction. Finally, the total number of men's clothing stores in the world may reach 500.
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< p > John Idol predicts that men's watches, clothing and leather products will contribute to 1/3's share of men's clothing business in the target revenue of 1 billion US dollars.
As for the cooperation Est e e Lauder Cos. Inc. (NYSE:EL), Estee Lauder group developed the first male fragrance "Michael Kors for Men", which is expected to generate $30 million in retail revenue in the first place on the global market.
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< p > Michael Kors < a href= "http://www.91se91.com/news/index_f.asp" > men's wear product < /a > appeared in 2002. It has now registered in 35 countries and has 450 sales outlets. It is popular in the United States and Europe, but has not yet entered the Asian market.
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