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US luxury group Capri has ended its fiscal year on an unsurprisingly gloomy note, largely due to the negative impact of the coronavirus. While the slip of 11.3 percent in total revenue does not look too bad compared to some other retailers, this is mostly…
US fashion label Michael Kors has unveiled a new customization service for its handbag range. The MK My Way service is making its debut on Alibaba’s e-commerce site Tmall today with a digital pop-up experience for Chinese consumers before a global rollout…
US fashion brand Michael Kors is to launch a digital flagship store on Alibaba’s Tmall and the Tmall Luxury Pavilion. The launch marks Michael Kors’ first e-commerce channel in China, apart from its own site, offering consumers the full line of clothing sold…
Michael Kors is expanding its smartwatch offering with an improved version of Sofie, a wearable device that was launched two years ago. The new model, weirdly named Sofie Heart Rate, packs a few new features that the original model lacked, but keeps a similar…
With the completion of its acquisition of Versace, global fashion group Michael Kors Holding has successfully transitioned into its new identity as Capri Holdings Limited. The group, which now owns Michael Kors, Jimmy Choo and Versace, hopes to leverage its…
Trussardi, the family-owned Italian luxury brand specialising in leather goods, has been acquired by private equity firm Quattro R, local media reports. BoF has not yet been able to independently confirm the report. According to Italian news site Pambianco,…
Among the investors who snapped up shares in luxury e-commerce marketplace Farfetch after its September IPO was one buyer with little interest in operating profits or projected revenue. People for the Ethical Treatment of Animals pounced on shares in the…
DFS Group, the world’s leading luxury travel retailer, is excited to announce the launch of an exclusive Michael Kors capsule collection available only in DFS and T Galleria by DFS stores this October. Inspired by the jet-set lifestyle and designer Michael…
Michael Kors is just the latest company to announce its intention to change its name, following a precedent set by a number of the country’s most famous brands. Most frequently, a name change reflects a shift in strategy. Michael Kors said it will change its…
Michael Kors Holdings LTD confirmed earlier reports that it would buy all outstanding shares from Versace for around $2.1 billion. It also announced the group will officially be called Capri Holdings Limited, named after the island of Capri, which the company…
Michael Kors Malaysia is opening a runway-inspired store at Suria KLCC. The launch is part of the US fashion label’s Runway 2020 strategy intended to modernise its business, which also includes the introduction of e-commerce and wearable technologies to the…
Luxury fashion brand Michael Kors has recruited Chinese actor Yang Mi for the design and promotion of a limited-edition take on the US accessories maker’s classic Whitney bag. Designed to celebrate Qixi, the Chinese equivalent to Valentine’s Day, the Whitney…
Luxury fashion group Michael Kors delivered better than anticipated revenue, operating margin, and earnings per share growth in its Q1 FY19 results, with total revenue increasing 26.3 per cent to US$1.2 billion. Total operating margin reached 17.9 per cent,…
Citygate Outlets is ready for the summer. With over 80 international brands offering 30% to 70% discounts, the mall has collaborated with brands to bring its customers unique Summer Pop-ups, memorable experiences with special performances and rewards for its…
Accessories and apparel designer Michael Kors has released a new limited-edition graffiti capsule of jackets, shoes and bags, taking inspiration from the street art of Eighties-era New York City. The Michael Kors graffiti collection launch has been marked by…
Global Brands Group is to sell a substantial part of its North American branded business to Differential Brands Group for US$1.38 billion. The move, announced at the release of its annual results yesterday, will allow it to cut debt, pay a modest special…
