Description: The handbag wars are hurting Michael Kors. Same-store sales fell and the outlook is not good. Shares are languishing on Wall Street’s discount rack.

Source: CNNMoney.com – video report

Date: May 27, 2015

Link: http://money.cnn.com/video/investing/2015/05/27/michael-kors-buzz.cnnmoney/

Questions for Discussions:

• Why has the stock performed poorly?
• What should management do to increase same-store sales?
• Do you think the stock will return to previous high levels?