Glam Rok Hawaii is a brand resale consignment boutique. We offer pre-loved and new designer jeans, cute trendy clothes, authentic designer handbags, sunglasses, shoes and jewelry. Glam Rok is your one stop shop for the entire outfit.
Glam Rok carries popular clothing brands such as Bebe, Ed Hardy, Christian Audigier, Smet, Juicy Couture, Free People, Sky, Roxy, Abercrombie and Fitch, Forever 21, Arden B, Manuhealii, Hello Kitty, Guess, just to name a bunch.
Also, we feature only premium designer denim, such as Seven for all Mankind, Joe's, Citizens of Humanity, Rock and Republic, True Religion, Frankie B., Hudson, J Brand and Diesel. But not everyone is a jeans girl, so we also carry an assortment of tops, skirt, shorts, and dresses from all your favorite brands and much more!
However no outfit is complete without the proper accessories! Glam Rok also carries authentic designer bags, sunglasses and shoes from Louis Vuitton, Dior, Gucci, Chanel, Bvlgari, Coach, Dooney and Bourke, among others.
At Glam Rok, we believe that that every woman deserves to be glamorous! Our motto is glamour at Rok bottom prices!
2012年2月14日星期二
Fashion Retailer Michael Kors Rocks Q3 Earnings
Strong sales of leather handbags, watches and jewelry propelled Michael Kors (KORS) ahead of earnings estimates, with huge same-store sales growth in its first public earnings report Tuesday.
The luxury apparel and accessory retailer said its wholesale, retail and licensing divisions all saw growth, and it remains bullish going forward, on the spending strength of its more affluent clientele.
Michael Kors shares rocketed to fresh highs, rising 27.5% to 42.85. They debuted at 20 in December.
The fashion house reported earnings of 20 cents per share in its fiscal third quarter — 28 cents excluding one-time items. Analysts expected 9 cents. Revenue surged 68% to $373.6 million. Sales at stores open more than a year climbed 38% in North America and 34% in Europe.
Michael Kors sees fourth-quarter EPS of 10 to 12 cents on revenue of $350 million to $355 million. Analysts expect 11 cents per share on $347.4 million in sales.
The firm guided same-store sales growth of 25% to 30%. Margins would be slightly tighter due to markdowns, partially offset by a sales shift to higher-margin retail stores, the company said.
"The luxury segment continues to grow globally, and our positioning as an American lifestyle luxury brand will enable us to continue our global expansion," CEO John Idol said in a conference call with analysts.
Michael Kors is named after its founder — a fashion designer and "Project Runway" reality show judge. It sells $300 purses, $500 suede jumpsuits, and other must-haves for young aspirational buyers.
It ended the quarter with 231 retail stores, up from 156 a year ago. Retail sales climbed 83% to $199.4 million.
Michael Kors is headquartered in Hong Kong, but its products are sold in 2,300 department stores and other retailers in the U.S. and Europe. Wholesale division sales climbed 55% to $154.6 million.
Royalty revenue grew 44% to $19.6 million.
The quarter benefited from a slight shift to higher-margin retail and European sales.
Europe's economic woes have not hurt, the company said. And rising commodity costs had a minimal impact
The brand is still building awareness and cache, said Robert W. Baird analyst Erika Maschmeyer. And new products keep existing customers coming back. "They're finding incremental ways to get women to open their pocketbooks," she said.
Also Tuesday, watch and accessory retailer Fossil (FOSL) beat earnings forecasts and rocketed 15% to 119.82, a six-month high.
Fossil supplies Michael Kors with its branded watches that retail for $150 to $500. Fossil also supplies necklaces, bracelets and other jewelry that Michael Kors sells for $45 to $400.
Kors said jewelry sales are on track to reach the targeted 5% of sales at its free-standing stores.
"We don't know how high is high because we ran out of product, quite frankly," Idol said in the conference call.
Luxury handbag and accessories maker and retailer Coach (COH) rose fractionally to a fresh high. The upscale company reported better-than-expected quarterly results last month.
The luxury apparel and accessory retailer said its wholesale, retail and licensing divisions all saw growth, and it remains bullish going forward, on the spending strength of its more affluent clientele.
Michael Kors shares rocketed to fresh highs, rising 27.5% to 42.85. They debuted at 20 in December.
The fashion house reported earnings of 20 cents per share in its fiscal third quarter — 28 cents excluding one-time items. Analysts expected 9 cents. Revenue surged 68% to $373.6 million. Sales at stores open more than a year climbed 38% in North America and 34% in Europe.
Michael Kors sees fourth-quarter EPS of 10 to 12 cents on revenue of $350 million to $355 million. Analysts expect 11 cents per share on $347.4 million in sales.
The firm guided same-store sales growth of 25% to 30%. Margins would be slightly tighter due to markdowns, partially offset by a sales shift to higher-margin retail stores, the company said.
"The luxury segment continues to grow globally, and our positioning as an American lifestyle luxury brand will enable us to continue our global expansion," CEO John Idol said in a conference call with analysts.
Michael Kors is named after its founder — a fashion designer and "Project Runway" reality show judge. It sells $300 purses, $500 suede jumpsuits, and other must-haves for young aspirational buyers.
It ended the quarter with 231 retail stores, up from 156 a year ago. Retail sales climbed 83% to $199.4 million.
Michael Kors is headquartered in Hong Kong, but its products are sold in 2,300 department stores and other retailers in the U.S. and Europe. Wholesale division sales climbed 55% to $154.6 million.
Royalty revenue grew 44% to $19.6 million.
The quarter benefited from a slight shift to higher-margin retail and European sales.
Europe's economic woes have not hurt, the company said. And rising commodity costs had a minimal impact
The brand is still building awareness and cache, said Robert W. Baird analyst Erika Maschmeyer. And new products keep existing customers coming back. "They're finding incremental ways to get women to open their pocketbooks," she said.
Also Tuesday, watch and accessory retailer Fossil (FOSL) beat earnings forecasts and rocketed 15% to 119.82, a six-month high.
Fossil supplies Michael Kors with its branded watches that retail for $150 to $500. Fossil also supplies necklaces, bracelets and other jewelry that Michael Kors sells for $45 to $400.
Kors said jewelry sales are on track to reach the targeted 5% of sales at its free-standing stores.
"We don't know how high is high because we ran out of product, quite frankly," Idol said in the conference call.
Luxury handbag and accessories maker and retailer Coach (COH) rose fractionally to a fresh high. The upscale company reported better-than-expected quarterly results last month.
2012年2月6日星期一
Designers scratch back, tell copycats to knock it off
Last summer, fashion designer Moriah Carlson noticed a woman wearing a dress printed with a series of crosshatched, tepee-type slashes pass by her on the street in Brooklyn. Ms. Carlson recognized the garment's print—it was a copyrighted design she and her business partner, Alice Wu, had created for the 2009 collection of their Brooklyn-based clothing label, Feral Childe. But the dress was unfamiliar.
After running into a colleague wearing the same item, Ms. Carlson discovered that Forever 21, the Los Angeles-based mass-market discount store, was selling its own line of tepee-printed apparel.
"We had gotten some great press from that collection, but we never thought we would see it in this context," said Ms. Wu, who along with Ms. Carlson is embroiled in a copyright infringement lawsuit with Forever 21. The retailer did not respond to calls requesting comment.
Trend goes mainstream
Knockoff designs, whether hanging on the racks at chain stores like Forever 21 and Urban Outfitters or selling via e-commerce sites, have graduated from back alleys to Main Street. Retail lawyers blame the increased use of the Internet as a shopping tool, as well as the shift in production from local facilities to overseas factories in countries such as China, where retailers have less control over manufacturing.
Each year, U.S. designers lose hundreds of millions of dollars from sales of copycat products, including handbags, printed apparel and jewelry. Many brands, such as Coach, employ entire departments to police the Internet and the brick-and-mortar landscape for counterfeits, while several apparel designers are working hard to win passage of legislation in Congress to protect their styles.
"The biggest thing is the Internet," said Susan Scafidi, academic director of the Fashion Law Institute at Fordham University School of Law. "Years ago, you used to have to sneak into a fashion show in Paris, then come back out and sketch from memory. Now the images are available instantaneously."
Fighting to protect your designs can be prohibitively expensive for all but the biggest companies. For Feral Childe, which generates less than $1 million in annual revenue, monitoring the masses for copycat looks is a near impossibility—it's simply too costly. But not so for Coach Inc. The $4.2 billion handbag company, along with Louis Vuitton and Chanel, is one of the most copied brands in the world. Each year, Coach spends millions of dollars to prevent counterfeit activity.
Investigators on the job
Three years ago, the Manhattan-based firm launched Operation Turnlock in an effort to curb such illegal activity. It now employs some 20 investigators who scour websites and stores for counterfeit Coach products. Since the program's debut, Coach has entered into 600 lawsuits. Todd Kahn, the company's general counsel, said the money is well spent.
Most bags are not protected by copyrights, but Coach does have trademark protection for its high-end Reed Krakoff Boxer bag, thanks to the purse's innovative shape. Already, just over a year into the Boxer's existence, Coach is enmeshed in three lawsuits over copycats of the bag.
"We're going to be very innovative and go after people," said Mr. Kahn. "If you sell counterfeits, we'll find you, we'll sue you, and we'll win."
Trademark protection is not available on all products, however. Generally, prints and jewelry are protected by copyrights, but not fashion designs, because of their functionality as clothing. Days after last month's Golden Globes, copies of Charlize Theron's pink Dior gown appeared online for under $500. Similarly, inexpensive knockoffs of Kate Middleton's wedding dress appeared two days after the royal wedding—all perfectly legal under American law.
"In Europe, those designs are protected, but in the U.S. they're not, and the result is that a designer comes out with a dress and the other stores come out with the exact duplicates," said Randy Lipsitz, a partner at law firm Kramer Levin Naftalis & Frankel.
After running into a colleague wearing the same item, Ms. Carlson discovered that Forever 21, the Los Angeles-based mass-market discount store, was selling its own line of tepee-printed apparel.
"We had gotten some great press from that collection, but we never thought we would see it in this context," said Ms. Wu, who along with Ms. Carlson is embroiled in a copyright infringement lawsuit with Forever 21. The retailer did not respond to calls requesting comment.
Trend goes mainstream
Knockoff designs, whether hanging on the racks at chain stores like Forever 21 and Urban Outfitters or selling via e-commerce sites, have graduated from back alleys to Main Street. Retail lawyers blame the increased use of the Internet as a shopping tool, as well as the shift in production from local facilities to overseas factories in countries such as China, where retailers have less control over manufacturing.
Each year, U.S. designers lose hundreds of millions of dollars from sales of copycat products, including handbags, printed apparel and jewelry. Many brands, such as Coach, employ entire departments to police the Internet and the brick-and-mortar landscape for counterfeits, while several apparel designers are working hard to win passage of legislation in Congress to protect their styles.
"The biggest thing is the Internet," said Susan Scafidi, academic director of the Fashion Law Institute at Fordham University School of Law. "Years ago, you used to have to sneak into a fashion show in Paris, then come back out and sketch from memory. Now the images are available instantaneously."
Fighting to protect your designs can be prohibitively expensive for all but the biggest companies. For Feral Childe, which generates less than $1 million in annual revenue, monitoring the masses for copycat looks is a near impossibility—it's simply too costly. But not so for Coach Inc. The $4.2 billion handbag company, along with Louis Vuitton and Chanel, is one of the most copied brands in the world. Each year, Coach spends millions of dollars to prevent counterfeit activity.
Investigators on the job
Three years ago, the Manhattan-based firm launched Operation Turnlock in an effort to curb such illegal activity. It now employs some 20 investigators who scour websites and stores for counterfeit Coach products. Since the program's debut, Coach has entered into 600 lawsuits. Todd Kahn, the company's general counsel, said the money is well spent.
Most bags are not protected by copyrights, but Coach does have trademark protection for its high-end Reed Krakoff Boxer bag, thanks to the purse's innovative shape. Already, just over a year into the Boxer's existence, Coach is enmeshed in three lawsuits over copycats of the bag.
"We're going to be very innovative and go after people," said Mr. Kahn. "If you sell counterfeits, we'll find you, we'll sue you, and we'll win."
Trademark protection is not available on all products, however. Generally, prints and jewelry are protected by copyrights, but not fashion designs, because of their functionality as clothing. Days after last month's Golden Globes, copies of Charlize Theron's pink Dior gown appeared online for under $500. Similarly, inexpensive knockoffs of Kate Middleton's wedding dress appeared two days after the royal wedding—all perfectly legal under American law.
"In Europe, those designs are protected, but in the U.S. they're not, and the result is that a designer comes out with a dress and the other stores come out with the exact duplicates," said Randy Lipsitz, a partner at law firm Kramer Levin Naftalis & Frankel.
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