Why is Michael Kors expensive?
I've always wondered, why is Michael Kors considered to be an expensive brand? Is it simply because of the name recognition and luxury status it holds, or is there more to it? Are the materials and craftsmanship of their products truly worth the price tag? And how does Michael Kors compare to other designer labels in terms of cost and quality? It seems like many people are willing to pay a premium for the Michael Kors name, but I'm curious about the underlying factors that contribute to its high price point.
Is Coach higher than Michael Kors?
I'm curious to know, in terms of brand prestige and market valuation, does Coach hold a higher position than Michael Kors? Are Coach's products perceived as more luxurious or premium, or is it simply a matter of personal preference? Additionally, how do their sales figures and customer bases compare? I'm interested in understanding the nuances of the luxury fashion industry and how these two brands stack up against each other.
Is Michael Kors a luxury brand?
Could you please clarify for me whether Michael Kors is considered a luxury brand in the fashion industry? I've noticed their products are often priced at a premium, but I'm not entirely sure if that necessarily translates to being a luxury label. Do they typically cater to a high-end clientele, or do they have a more accessible price point for a wider audience? I'm interested in understanding the brand's positioning within the market.