News & Reviews

Michael Kors' secret to success

Michael Kors is the comeback king of 2016. The Kors brand is hip again -- in the fashion world and on Wall Street. It's quite the turnaround from only a few months ago when Michael Kors(KORS) sales were sagging and its stock was tanking. Experts said the brand was "overexposed," a synonym for ugly in the fashion world. But Kors is saying: Hello 2016. Sales are up and the stock is the best performer of the year. The secret to the Michael Kors success is simple: do more than pretty purses....

Michael Kors snaps up Jimmy Choo for $1.2B

Dive Brief:Michael Kors on Tuesday announced that it will acquire luxe footwear brand Jimmy Choo for £896 million, or roughly $1.2 billion — a deal with an enterprise value of $1.35 billion. The transaction has been approved by the boards of directors of both Michael Kors and Jimmy Choo, according to a company press release.The acquisition is an opportunity to grow Jimmy Choo sales to $1 billion and it provides greater exposure to global markets, particularly in Asia. The merger also provides...

Michael Kors Teams Up with Tatler for “English Rose” Exhibition

Michael Kors is flying high with his new acquisition of Jimmy Choo, but he has also teamed up with British Magazine Tatler for their exhibition of the ultimate English Roses.One of the oldest publications in the world, the UK’s Tatler, has teamed up with one of the most popular designers in America and the world Michael Kors for a unique exhibition called “English Roses.” The August issue of the Tatler features 26 of Britain’s rising stars. Ten of these gorgeous women were shot in the latest...