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Headquartered in Hong Kong, U.S. light luxury brand Michael Kors released the fiscal third quarter (October to December 2013) earnings: $ 1 billion in sales, up 59 Michael Kors Hobo percent year on year; retail revenue $ 503.4 million, an increase of 51.3% the main driving force from the Michael Kors Belts same store sales up 27.8% of high growth, and over the past year to open 98 new stores; wholesale revenues $ 461.4 million, an increase of 68.2%;

Brand Licensing revenue $ 47.4 million, an increase of 59%; gross margin of 61.2% improved by 1 percentage point a year ago; operating margin of 33.9%, up 1.7 percentage points from Michael Kors Crossbody Bags a year ago to improve; Chairman of the Board and Chief Executive Officer John D. Idol pleased that the holiday quarter results Michael Kors exceptionally well, global brand awareness rising, significant Michael kors growth driver of sales, an increase in same store sales better than expected, this is the brand consecutive 31 quarters of same-store growth.