Hang in all - things are not looking good and Q3, Q4 as well as 2017 will bring more job loses. All of this is just my gut feeling, nothing really to base this on except my prediction.
You are probably right. Michael Kors seems like it is past its prime. I don't see any growth in this company. We are right around the corner from the next recession. Don't forget that the financial backer are the same people behind DKNY and Tommy Hill. They squeezed those brands dry before moving on. Same thing is happening with Michael Kors. There will be an upswing in the stock when they report lower operating cost i.e. Fire your staff. Then no one will be able to produce anything. Then you will have a dead brand. Do you wear DKNY?