Kenneth Cole NNN Properties | 1031 Exchange

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 23^rd, 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.

Kenneth Cole Ground Lease Property or Kenneth Cole NNN Property for Sale:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming