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We plan to continue the global rollout of this new collection in additional markets in Europe, the Middle East and Latin America this calendar year and additional markets in Asia next year. Long term we expect to be one of the most significant brands in the luxury fragrance and beauty market globally. We also saw strong performance in our eyewear business during the quarter.. Analysts have a consensus price target of $88 on the company, representing about a 11% increase from the company's current levels. A major portion of analysts rate Kors a strong buy or buy. For the growth that the company is capable of in Europe, where they have a virtually untapped market that they're continuing to nwpestcontrol grow, I find this multiple attractive, despite looking a little lofty.. In total we have 91 Michael Kors retail stores including concessions through various partnerships worldwide including North America and the Caribbean, Europe, the Middle East, Korea, South East Asia, and greater China. Including these locations there were 388 Michael Kors stores at the end of the third quarter worldwide. Looking forward, we expect the global luxury market to maintain a healthy pace of growth. lakeshoreschurch
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