Michael Kors
At Michael Kors, Glamour Is the Best Defence
Vivid memories of the melting pot of the late 70s made for the kind of decadent tableau that the designer can create in his sleep, but this time the goings got a little more pointed than usual.
Coach Owner Tapestry Slashes Profit Forecast in Volatile Market
The owner of Kate Spade and Coach missed both its own and analysts’ expectations in the latest quarter and cut its guidance.
Capri Holdings Climbs After Raising Revenue Forecast
Revenue will be about $5.22 billion, up from a previous outlook for $5.13 billion, for the owner of Jimmy Choo, Michael Kors and Versace.
American Fashion Is Kicking Its Off-Price Habit. Will it Pay Off?
This week, everyone will be talking about financial results from the American fashion giants behind Ralph Lauren, Coach and Michael Kors, the relatively buzz-less New York Fashion Week and the latest milestone in Saks Fifth Avenue's $250 million renovation of its flagship. Read our BoF Professional Cheat Sheet.
Versace’s New Owner Plans to Build America’s Answer to LVMH. It Has a Long Way to Go.
Capri chief John Idol reveals his strategy for the budding luxury group that owns Michael Kors, Versace and Jimmy Choo.
Luxury Loses Its Sparkle as China-US Trade Tensions Mount
The Savigny Luxury Index dropped below its starting point for 2018, as lingering China-US trade tensions weighed on the sector's recent recovery.
Michael Kors Misses Quarterly Revenue Estimates
The hand-bag maker recorded weaker sales at retail stores in Europe.
Michael Kors Upgraded at UBS After $1.8 Billion Stock Wipeout
The group's stock got two upgrades in the past two days, with analysts at UBS Group AG and Piper Jaffray both citing the potential for Versace to drive gains.
Why Fashion’s Anti-Fur Movement Is Winning
Brands from Gucci to Michael Kors and DVF have recently stopped using fur, calculating that the goodwill generated with younger customers, and a reprieve from social media-amplified protests by animal-rights activists, is worth a few million dollars in lost sales.
Unicorn Deals Fail to Ignite the Market
Despite continuing signs of growth and the announcement of landmark deals, the Savigny Luxury Index was flat this month.