News

Michael Kors Holdings wants to wean itself off of department stores. One of the world’s largest handbag companies, which flooded stores with its ubiquitous $200 to $300 bags, is pulling back on ...
At department stores, Michael Kors said it will stop participating in friends and family sales, and won’t accept coupons anymore. Coach said it will tamp down on the level of markdowns allowed.
Michael Kors has been in a tough position. Its brand image has been challenged, largely in part due to its overexposure, the proliferation of its outlet stores, and department stores, the latter ...
Dive Insight: The same-store sales slide at Michael Kors is not good news for the company, but it may be even worse news for Macy’s and other department stores, which Kors, like Coach earlier ...