Michael Kors: Billionaire paris on High Fashion

Louis Vuitton surya The billionaire Stephen Mandel of Lone Pine Capital growth retailer Michael Kors (KORS), a 13D filing with the SEC last week quickly bubbles. The investment firm Lone Pine has nearly $ 20 billion in public funds shares and recently increased its stake in Kors from 30% to 10.49 million shares. Early 2Q, Almond had a solid company as big believers Michael Kors. This includes Viking World, which held 12 million shares. Other notable billionaires include Steve Cohen of SAC Capital (3.2 million shares), Citadel Investment Group, Ken Griffin (2.9 million), John Griffin and Blue Ridge Capital (2.1 million euros) - a little more in common than 15% of the company. Kors IPOed at the end of 2011 and has since been on a tear to almost 200%. The company focuses on the way into clothing and fashion accessories lead. Despite strong stock in Kors and 35x P / E, the stock run is still a "buy." The company has a 50% return on invested capital, generated $ 330 million of free cash flow and no debt. Kors also has a current net asset value of 750 million euros (current assets less total liabilities). Louis Vuitton taiga The business model is simple but elegant. Design great looking clothes and purses. The company has an impressive portfolio of diversified products with no more than 30% of revenue is derived from a segment This town is not big enough for both of us Oh but it is. One of the best compositions Kors is good accessories maker Coach (COH) is known. The title was also the first choice of mine for some time. Coach is about 10% last week on fears that it is losing market share in North America. And that might be true that one of the biggest benefactors of the loss of market share was the coach Kors. And while America may not be large enough for two Kors and Coach, the world is sure where the two accessory manufacturers who want to make their attention to international markets. Studying global luxury goods market shows that the global luxury goods market would increase from $ 283 billion in 2012 to more than $ 330 billion in 2015. Louis Vuitton utah