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Despite the different risks that the company has to face, this company doesn't seem to have a bad performance. Prominent hedge fund managers Lee Ainslie (Maverick Capital) and John Griffin (Blue Ridge Capital) added to their michael kors outlet position last quarter, which is a vote of confidence on michael kors canada's medium term prospects. While I think that Ralph Lauren is not immune to an economic correction or a material increase in commodity prices, I think that those risks do not represent a short term concern for long term, fundamental oriented investors.
In addition, the founder plays two important roles: being the Chairman and Chief Executive Officer and secondly, what for me is most important, being the majority stockholder of the company. Since March 2012, Lauren's family owned 73% of the voting power of outstanding common stock of the company. These fact implies a big control over the company business by Mr. Ralph Lauren, any action that requires the approval of the stockholders can be controlled at a certain point by himself.
Firstly, the designs and all the important strategic decisions of the company are made by him. As he said "I try to design into a world that is constantly moving, and moving me". In other words,http://sinpur.com has not succession plans. What could happen to the company if something happens to Mr. Lauren
As it was said before michael kors outlet canada was the founder of Ralph Lauren. Since its creation, this company has been managed by himself. There are two important situations that I would like to point out.