Jimmy Choo Is One More Reason to Choose Kors

Like some shoppers, Michael Kors may have overpaid for Jimmy Choo, but the company can still get some benefits from its purchase.

Andreeva is optimistic that trends are moving in the right direction for both Kors and Choo, and she thinks Michael Kors shares could fetch $55, 17% above current levels. An analyst points out that the shoemaker will give Kors more of a foothold in categories that are growing more quickly than handbags.

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