Michael Kors Stock Drops

I do not expect you guys to follow stocks and the New York Stock Exchange, however, my father does, and this morning the men on the tv were talking about how the Michael Kors stock dropped 4%.

So what does this mean to you, the fashion buyer…

It means that Michael Kors may not be immune to sales and mark downs anymore. Their hand bags have been known to be found at TJMaxx and Marshalls, but those are also their last season bags, this news means that their new fashions might be going on sale racks sooner than their out of date fashions.

So while the New York Stock Exchange is boring to some…keep in mind, high fashion brands have stocks and they indicate how well the business is doing!

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About Rachel

My name is Rachel Boudreau. I am 24 years old and have been blogging for the Bangor Daily News for almost a year. I am a Certified Personal Shopper and a Certified Fashion Stylist. I have always had a complete love and desire for anything fashion. I have recently started studying French fashion, (Dior, Chanel, Louis Vuitton, etc.) I watch all of the high fashion runway shows every spring and fall. I love shopping for people and picking out clothes for them because I like when people try things they normally would not, that, after all, is how you find new things you like! Happy reading!!!