×
283
Fashion Jobs
THE INFINITY SPACE
Senior Sales Manager - Business Development
Permanent · Pune
LEAD HR SERVICES
Area Sales Manager
Permanent · Kochi
TRENZ BATH SOLUTIONS
Area Sales Manager / Sales Executive
Permanent · Dehradun
LUMAN INDUSTRIES LTD
Hiring For Area Sales Manager in Luman Industries in Delhi/Ncr
Permanent · Pune
M T PLACEMENT CONSULTANCY
Area Sales Manager.(Experience Required- Laminate/ Wood Ply Product)
Permanent · Navi Mumbai
TULIP CONSULTING SERVICES
Area Sales Manager - Modern Trade
Permanent · Hyderabad
O3 HIRE
Elemental Opening : Area Sales Manager || South - Retail
Permanent · Tirupati
TRIAKSHA AUTOMATION TECHNOLOGIES
Hiring Regional Sales Manager/ Sales Manager/ Area Head For Chennai
Permanent · Chennai
AJAY'S TAKEAWAY FOOD
Production Manager
Permanent · Navsari
L'OREAL GROUP
Senior Manager - Marketing (Matrix - Hair Color), Ppd
Permanent · Mumbai
ADD UR CO LLP
Production Manager
Permanent · Chennai
SPINEBIZ
Sales Manager - Andheri Mumbai
Permanent · Mumbai
BRIDGING TALENTS
Area Sales Manager || Retail Fashion Brand || Bangalore
Permanent · Bengaluru
ALUDECOR LAMINATION
Area Sales Manager- Noida
Permanent · Ghaziabad
FRONTLINE ELECTRONICS
Senior Manager Production- Ems
Permanent · Pune
REKRUT INDIA
Area Sales Manager-Personal Loan
Permanent · Hubballi
PHARMA PLACEMENTS INC.
Production Manager - Sterile Injectables
Permanent · Aurangabad
INDORE JOB PLACEMENT
Production Manager-2 Post (Plastic)
Permanent · Indore
SELECT SOURCE INTERNATIONAL
Production Manager
Permanent · Hyderabad
VRB CONSUMER PRODUCTS
Job Opening as Asst Manager Production - Keshwana
Permanent · Keshwana
ROYALOAK INCORPORATION
Cluster Manager
Permanent · Hyderabad
DEE MANAGEMENT SOLUTION
Area Sales Manager-Punjab/Haryana
Permanent · Patiala
By
Reuters
Published
Feb 20, 2012
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

US luxury group Michael Kors eyeing China expansion

By
Reuters
Published
Feb 20, 2012

HONG KONG - Designer apparel and accessories company Michael Kors Holdings Ltd plans to open 100 stores in the greater China region in the next three to five years to tap the burgeoning market for luxury goods, the South China Morning Post reported on Monday.


Michael Kors SS 12

Michael Kors, which operates 231 stores worldwide as of the end of 2011, intends to open 15 in the mainland, Hong Kong, Macau and Taiwan this year, the newspaper said citing chairman John Idol.

"Over the next three to five years, we will have 100 stores open in this market," Idol said, including in the cities of Beijing, Shanghai, Chengdu, Shenyang and Nanjing.

Michael Kors will open stores in April inside the Sands and City of Dreams hotel-casino complexes in Macau as well as an outlet in Hong Kong, the paper said.

The company, which recently listed on the New York Stock Exchange, has just a handful of stores in China and six months ago appointed a greater China chief executive in a sign it plans to expand its presence.

China will account for 20 percent of the global luxury market by 2015, with spending in the country nearly tripling to $27 billion by that year from around $10 billion in 2009, according to consulting firm McKinsey & Co.  Michael Kors, which is known for its glitzy designs and primarily caters to women in the 30-40 age group, reported robust quarterly results as its namesake luxury brand saw strong demand, and said it expects its accessories business to drive profits in the coming quarters.  (Reporting by Donny Kwok; Editing by Jonathan Hopfner)

© Thomson Reuters 2023 All rights reserved.