NEW YORK, United States — Nancy Pelosi has always worn Michael Kors. She told him his clothes make her feel strong, and God knows that’s something she needs in Washington. Before his show on Wednesday, Kors was talking about how it’s more important than ever to take a stand for your principles. “If you’re going to […]
Michael Kors Owner Sees $100 Million Revenue Hit From Coronavirus
NEW YORK, United States — Michael Kors owner Capri Holdings Ltd cut its full-year forecasts on Wednesday, citing a $100 million hit to revenue from the coronavirus outbreak in China as it closed 150 stores in one of the most important markets for luxury fashion labels. A rapidly growing upper-middle class has made China a […]
The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now
THE CHEAT SHEET A First Look Under the Hood at Capri’s Versace (L-R) Jimmy Choo, Michael Kors Collection and Versace Spring 2019campaigns | Source: Courtesy The owner of Michael Kors and Versace reports quarterly results on May 29 The report will be the first to include Versace, acquired in a $2.1 billion deal last September […]
At Michael Kors, Glamour Is the Best Defence
NEW YORK, United States — The myth of Studio 54 as an Oz of disco decadence has a ferocious grip on the popular imagination, but Oz was real for Michael Kors. He first visited the club on his prom night. “Anything was possible, a 17-year-old student could end up sitting next to Bianca Jagger.” Kors recently […]
American Fashion Is Kicking Its Off-Price Habit. Will it Pay Off?
Hello BoF Professionals, welcome to our latest members-only briefing: The Week Ahead. Think of it as your “cheat sheet” to what everyone will be talking about on Monday. THE CHEAT SHEET Ralph Lauren Says a Painful Goodbye to Discounters Ralph Lauren’s 50th anniversary celebration included a touring installation of archival photos and videos | Source: […]