Kenneth Cole NNN Properties for Sale
Are you looking to buy or sell a Kenneth Cole Ground Lease Property, or NNN Lease Kenneth Cole Property for passive investment? If you would like to buy or sell Net Lease Kenneth Cole Properties, please feel free to send us an email to info@nnndeals.com and we will get back to you quickly.
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| Type | Private company |
|---|---|
| Industry | Apparel & Textile Products |
| Founded | September 3, 1982 |
| Founders | Kenneth Cole (designer) & Sam Edelman |
| Headquarters | , |
Key people |
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| Website | www |
Are you looking to buy or sell a Kenneth Cole Ground Lease Property, or NNN Lease Kenneth Cole Property for passive investment? If you would like to buy or sell Net Lease Kenneth Cole Properties, please feel free to send us an email to info@nnndeals.com and we will get back to you quickly.
Kenneth Cole Productions – Carving Out its Niche in the Design Industry
Kenneth Cole Productions is a designer house which was established in the year 1982 with an out of the box concept. Their opening day was on a truck with celebrity walking the ramp with Kenneth Cole shoes and the camera rolling on the ramp! Kenneth Cole is the mastermind behind the success of the company today. The Company is listed under NASDAQ Stock Exchange with a market value of 33.12. According to the Stock Market Index S&P 500 and Dow Jones Industrial Average, mainly known as DJIA the market value of the company is 7.98 and 64.51, respectively.
Kenneth Cole is spread across the globe with over 90 retail outlets and 700 employees. They were a public limited company with Mr. Cole holding about 45% of the company’s share but the company became private in the year 2012 with Kenneth Cole owning 80% of the company at present. The company has been listed among the 200 Best Small companies four times on the annual list of Forbes
Market Value
Kenneth Cole has a market cap of $164 million and has a 99.4 P/E ratio, which is above the P/E ratio of S&P 500, 17.7. The net income growth increased by 89.1% in the year 2012, the stock exchange rate has been considerably higher compared to the previous years with a growth in the present Return on Equity. According to a financial statement from the year 2011 the company’s revenue was $478.944, and its gross profit was $185.441, which was better as compared to the revenue of the previous year and their. (Hoovers) Even though there was a decline in the revenue by 0.5% in the year 2012 it has not affected the company’s performance or goodwill due to the increase in per share earnings. The compelling growth in their net income, fairly good valuation and an expansion in the profit incomes has been the strength of the company over the years.
More about the Legacy!
Kenneth Cole, the man behind the Brand was born on March 23rd, 1954 and is from a Jewish origin. The company did its opening sales with $5M in the first year. He sold 40,000 pairs in 3 ½ days at the truck show outside Hilton New York Hotel. The Company’s AIDS campaign in 1985 changed the history of Kenneth Cole forever, it help their branding and also gave them an opportunity to stand for causes that made a difference to people. He has about 63 retail outlets in America which he plans to shut down in order to take on e-Commerce which he started in the year 2015, for a better influence and reach. (Business Insider) The only two retail stores that will still continue to function are in the USA- one being in the neighborhood of Bowery in New York and Arlington.
The operating plan!
KCP now plans to function wholly through their website as a e-Commerce portal as well as refurbish their brand through international expansion. They plan to sell their products through various partnerships with retail companies. With their range of products starting from perfumes, men’s wear and women’s apparel, shoes and sportswear, Kenneth Cole has complete a journey of thirty two years and he still continues to be competing with luxurious brands such as Michael Kors and Coach.
Since the company now seeks to enhance their international business and focus on working with the retail industries there are higher chances of other stores across the globe that can become a part of this journey by furthering the interests of the company and help the brand move into better markets globally through their exclusive designs.