Michael Kors East West Tote In order to maintain the growth momentum, Michael Holdings Ltd. (KORS.N) the development of the center of gravity to the rudimentary knowledge of men's business a little tilted plan the creation of a whole layer SoHo flagship store in New York opened in the end of the men's merchandise display and sell space. Three of a total of 17,000 square meters this flagship store will become the world's largest Michael stores, about 1/3 of the men's exhibition, will sell custom suits, shirts, ties, sportswear and accessories. Michael CEO John Idol, which is the brand for the first time in a store all rendered all categories of men's merchandise. The reason for the focus on the development of men's, John Idol, explained: "join the men's lifestyle store, we as a time to assess the potential Michael Kors Kingsbury Tote expansion of the retail concept. Improve the customer's lifestyle experience are all major luxury brand, Men important elements in retail is a major part of our overall growth strategy, therefore menswear business growth into this strategy is very important. " , Men mainly by the wholesale channel sales by department stores and specialty stores, major retailers, including Bloomingdale's, Saks Fifth Avenue, Neiman Marcus Michael Kors Totes and Nordstrom, and other senior department stores. Future, Michael existing flagship store in the United States and major European cities, looking for the appropriate store to join the men's retail space, the sale of clothing and leather goods. John Idol, refused to disclose the men in the proportion of overall sales, stressed is still in the preliminary stages of development, but the Michael Kors Python Tote momentum is good, the company are very satisfied with the performance and development of Men far. The data show that the second quarter ended September 29 last year, Michael women's flagship jewelry, watches, jewelry, eyewear and footwear accounted for total sales of 79%, men's sportswear accounted for the largest share of sales by. At present, in addition to sportswear and leather accessories manufactured by Michael Kors own, all other products authorized Outsourcing: suit by PVH Corp. Peerless Clothing proxy, dress shirts, ties and underwear. Agents, glasses by Marchon Eyewear, Inc.. Agents, watch by Fossil Inc. agents. New York Soho's new flagship store will be the seventh outlets in the island of Manhattan, Michael Kors and the landlord signed a 15-year lease contract. Store the high rents of $ 300 per square foot, for a total of $ 4.35 million per year. Expansion of retail space is one of the growth strategy of Michael Kors Tote Sale the Michael. Michael plans to open 70 new stores this fiscal year, 45 in North America, 15 in Europe, 10 in Japan. The second quarter ended September 29 of last year, Michael Kors global total of 180 full-price stores, 89 discount stores, operating 80 stores and partners through a proxy.