$Michael Kors(KORS)$说几句简单的感想。持仓154C进入季报，很惊讶花街会不管自己的吃相，就是要生拉硬扯把KORS的价格拽下来。

1. 有关discounting的问题。前几个星期，连续好几个分析师降级KORS，理由是太多打折，影响profit margin和brand image。季报上，KORS CEO强调了几次说这样的report是不正确的。

“I'd like to just clarify some reports that I read which were actually incorrect. We had the same amount of SKU on sale this year as we did last year. So, whomever wrote the earlier reports that’s incorrect?

Secondly we did not take any different position on our markdowns inside the stores as we did last year at the same point in time so we’re very proud of the fact that we decided not to enter into the deep discounting afraid that obviously occurred in the second calendar quarter due to access inventories by lot of retailers.”

我自己一向是觉得市场永远是对的。但在KORS最近这几个星期的交易上，真的有点阴谋论的感觉。无论是下调评级的时机上，还是管理层做出明确回应之后，花街完全就是一幅你打很多折了你打很多折了就是打很多折了，说没打折也是打了很多折。这个很无语。