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Discount Michael Kors Sale.It’s possible that these companies have a millennial problem. The generation ends up buying the most handbags of any age group, according to Morgan Stanley, but millennial interest in purses seems to be trailing off. This may be the result of young adults increasingly choosing to pay for experiences rather than material goods.“Declining interest in the handbag category leaves us incrementally more cautious on the industry medium term,” Morgan Stanley’s Kimberly Greenberger wrote in a research report Wednesday.One aspect of the handbag industry that people do seem to be excited about, though, is the possibility that Kate Spade will get acquired. Coach and Michael Kors are both thought to be potential suitors, but Greenberger doubts that Kors is interested.Cheap Michael Kors Handbags.“We do not believe Kors is a plausible buyer of Kate Spade given the company’s aversion to debt and likely desire to expand into a complementary category or geography, not double down on U.S. handbags, if it were to acquire another asset,” she wrote.Nordstrom stores that continue to carry Michael Kors handbags are focused on the best-selling merchandise. as well as items that aren’t available at Macy’s. Many stores have sent their Michael Kors handbags to other Nordstrom locations, back to the vendor, or to an off-price Nordstrom Rack store, Wedbush said.Some stores are also discontinuing the higher-end Michael Kors Collection bags, with many marked down by as much as 40%. Seven of the 36 stores that carry the bags said they would cease to do so going forward, Wedbush wrote.Cheap Michael Kors Outlet.

 

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