Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial
New York Fashion Week isn’t the only major fashion event happening this month. On Monday, fashion icon Michael Kors testified ...
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
Sometimes you’ll be the hottest thing on the block,” he said. “Sometimes you’ll be lukewarm. Sometimes you’ll be cold.” ...
Michael Kors Brings Jet-set Glamour to FTC vs. Tapestry Case
The designer testified at a hearing that could determine the fate of Tapestry’s $8.5 billion deal to buy Capri Holdings.
Capri Is Struggling to Support Its Brands as It Awaits Acquisition by Tapestry
Capri has agreed to be sold to Tapestry. We foresee no financial challenges on Capri’s end that would prevent this deal from going through and Tapestry has already raised the necessary financing.
Three key questions that will shape whether Coach and Michael Kors owners will merge
Coach's owner Tapestry and Michael Kors' owner Capri are in the courtroom this week for a federal antitrust challenge. The ...
Michael Kors Brand Gets Put Under Antitrust Microscope
The Federal Trade Commission, which sued to stop the buyout on anticompetitive grounds, called Michael Kors’ chief executive ...