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last season coach handbags Officer. We begin the discussion with a brief overview of the quarter and share with you an update on our strategic growth plans. Joe will then provide a detailed review of our F2Q financial results. Additionally he will provide our outlook for F3Q 2013 and the full year.We are extremely pleased with our F2Q performance across our retail, wholesale and licensing segments throughout North America, Europe, and Asia. Our results reflect the ongoing momentum of the Michael Kors brand and the successful execution of our key growth strategies. Michel Kors creative vision and design leadership provides us the ability to maintain a unique position in the marketplace as we continue to expand our presence as a global luxury lifestyle brand.Our performance was driven by continued growth in comparable store sales, strong performance of our new stores, successful conversion to shop in shops in department stores, and advances in our international expansion strategy as we continued to build brand awareness. We have a talented management team, strong infrastructure and a healthy balance sheet that will enable us to successfully execute our strategic growth initiatives.During the quarter we continued to advance on our six key growth initiatives. First, in North America our 45% comparable store sales increase represents the 26th quarter of consecutive growth in this region. Second, our retail expansion efforts continued in North America with ten new stores opening in the quarter. Third, we continued to convert North American wholesale department store doors into branded shop in shops. Fourth, our presence in