Michael Kors, a New York City-based fashion designer, widely known for designing classic American sportswear for women increasingly coveted by women from Sante Fe to Shanghai, is going after guys. The design house, which reported yet another quarter of growing sales and profits, said that it sees potential for up to 500 company-owned stores selling nothing but menswear. At the moment, however, Kors doesn’t have a lot of stuff to put in a men’s shop, unless it’s planning a bodega. In the meantime, Kors continues to prove critics wrong. Sales in the recent quarter were up 43 per cent from a year earlier to US $ 919 million, and profit rose in step, gaining 50 per cent to hit US $ 188 million. In terms of sales at Kors stores opened for more than a year, the company has beaten expectations for the past 10 quarters. Only 13 per cent of Kors’s revenue comes from clothes.
