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Attractive global market and michael kors boots international operations continues to be a bright spot.Michael Kors operates in an attractive global market of mens and womens bags and accessories. Today, it's a $35 billion market, expected to exceed $50 billion by 2018. black friday deals 2014 International markets represent 30% of the company's sales. Outside of North America, the two largest markets for Michael Kors are China and Japan. Despite weakness in North America, the international business continues to be solid http://www.michaelkorsoutletonlinesaleshop.com for Michael Kors, with over 50% of incremental growth set to come from international markets over the next five years. The premium handbag and accessories market in Greater China and South East Asia is a michael kors $9 billion market combined, growing at 12% and 8%, respectively. The opportunity in China, along with the expansion of the US men's business and the focus on Europe, gives Michael Kors early-stage growth stories to michael kors sale go with its mature domestic operations.
After years of aggressive new store openings, Michael Kors is closing several of its under-performing retail and factory outlet stores in North America. The company plans to close 70 underperforming michael kors outlet online sale retail stores and is moving to a semi-annual sales model with limited marketing events, targeting its best customers. The company is also working to roll out its new retail concept and building a stronger flagship michael kors jet set small tote presence. At factory outlets, the company will have 5 net store closures, where it is focused on reducing discounts and creating an elevated store experience. At wholesale, Michael Kors is focused on enhancing its store michael kors cyber monday deals 2014 experience through fully branded displays, improved custo