Michael Kors on Conference Call
Higher SG&A due to higher retail occupancy, higher distribution cost, increased marketing expense, and increase in employee related costs...
Seeing an increase in brand awareness globally and has opportunity to expand it even further in coming quarters.... saw very healthy growth across all segments and geographies....
500 new shops globally this year... momentum building in jewelry business; focus on expanding watch and jewelry offerings... new fragrance and beauty collection performing well; will continue global roll out of this collection; plan on being a global player in this segment.