coach Dud will not sink Michael Kors

Coach (NYSE: COH) do not fly first class today after a mild quarter report, but that should not scare investors away from Michael Kors (NYSE: KORS) that the small retailer of luxury handbags accelerated their financial cost report next week. Chanel Bags 0utlet Yes, that was a disappointment, the report of the coach. Net sales rose less than expected by 6% to $ 1.22 billion and adjusted net income increased by a mere 1%. North American compositions as much as 1.7%. To make matters worse, a pair of executives will leave the company at the end of next month. As an indicator of luxury retail, it's easy to scare. The same coach who has increased its quarterly dividend, two months ago, investors indicated that the short-term outlook rosier than they are not? It was a big surprise for Joe's Jeans (NASDAQ: JOEZ) see halitosis two weeks ago. The growth in sales of luxury denim retailer of 8% was about half of what Wall Street expected. Joe's Jeans was of brutal first June% slide in same-store sales hindered. If people are not famous singer a leather bag in the coach that not all high-end retailers to pay at least $ 158 for a pair of jeans to Joe or $ 458 in trouble? No For starters Kors is growing much faster than the coach or Joe Jeans. Kors income jumped 57% in the previous quarter, more than doubled net income. Key driver here was a peak of 37% of its sales in comparable stores. If you think this is something that compositions by 41% in the previous quarter. This would be a big shock when Kors follows coach and Joe Jeans negative compositions next week. More specifically, remember that 41% in same-store sales during the quarter burst Kors holiday? North American compositions trainer slipped 2% during the holiday quarter. Kors and coaches can sell handbags and expensive accessories, but that's the only thing they have in common these days. The market knows that, and that's probably why Kors shares opened higher this morning, despite the success that the coach is. Chanel Outlet Store Kors will be fine next week.