AOL.com Video - Kors: Fashion Icon to Wall St. Darling

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Kors: Fashion Icon to Wall St. Darling

Description:It's stealing the spotlight and analysts think this trend is going to last. Michael Kors revenue jumped 70 percent to $637 million in the third quarter against analyst predictions of $540 million. Analyst David Wu from Telsey Advisory Group says Michael Kors has provided a wide, age demographic with the look and lifestyle of the high-end designer brand. "The rate of market share gain accelerated for them during the holiday season really thanks to brand growing momentum." (2:04)

Source: Reuters

Tags: reuters , david wu , Kate Spade , michael kors