Reuters article on Michael Kors Quarter – People are obviously buying

Stock prices for Michael Kors the Luxury fashion brand  hits a high since their debut late 2011. Jumping 26% maybe a sign that people are saving less and spending more for high end brands or it may just be the brand.  I’m biased as I’m a huge MK fan.

(Photo credit\Reuters Brendan McDermid and article credit\Meenakshi Iyer)

Designer Michael Kors (2nd L) celebrates after ringing the opening bell with guests of Michael Kors Holdings Ltd. at the New York Stock Exchange December 15, 2011. REUTERS/Brendan McDermid

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