Capri Holdings formerly Michael Kors
Capri Holdings Limited is a multinational fashion company, incorporated in the British Virgin Islands, with principal executive offices in London and operational headquarters in New York. It was started in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. Michael Kors handbags have been a popular fashion trend among teenaged girls, according to a 2015 survey. In 2015, Michael Kors had more than 550 stores and over 1500 in-store boutiques in various countries.
They also own Versace which is why we saw that Kith x Versace collab a few weeks back. it wasn't a complete disaster but it wasn't a complete success either. but the fact that theyre opening up the gates give a good outlook for the company to go back to its highs of $65.
I kept part of an old graph I had made when I called that if kith didn't completely sellout it would go downward which is exactly what it did.
Stock is not looking too hot at the moment but I believe in the company and the growth they can still have, even if its just a bounce short of their former glory theres a lot of potential here.
only 2 buy ins.
#1 around for berars $45-43. most likely scenario.
#2 buy first thing in the morning its the bet buy in.
They also own Versace which is why we saw that Kith x Versace collab a few weeks back. it wasn't a complete disaster but it wasn't a complete success either. but the fact that theyre opening up the gates give a good outlook for the company to go back to its highs of $65.
I kept part of an old graph I had made when I called that if kith didn't completely sellout it would go downward which is exactly what it did.
Stock is not looking too hot at the moment but I believe in the company and the growth they can still have, even if its just a bounce short of their former glory theres a lot of potential here.
only 2 buy ins.
#1 around for berars $45-43. most likely scenario.
#2 buy first thing in the morning its the bet buy in.
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