Michael Kors

Imagine a brand achieving a sale amounting to Rs 5 crore in just 12 hours from its launch. No, we are most certainly not making this up. This happened at Phoenix Marketcity, Bengaluru. The brand in discussion here is...

Michael Kors, a global fashion luxury group, has announced that it will no longer use animal fur in its products, with production being phased out by the end of December 2018. “I am pleased to announce our company’s commitment to...

Fashion house Michael Kors has bought shoemaker Jimmy Choo for just over US $1 billion. Under the terms of the transaction, Jimmy Choo shareholders will receive 230 pence per share, with an enterprise value of approximately US $1.350 billion. The...

Benu Sehgal, the power woman that turned around DLF Mall, Saket in just about six months when she was the Senior Vice President of DLF Utilities Limited and Mall Head of DLF Place, Saket has now taken the charge...

Michael Kors said Wednesday it will close 100 to 125 full-price stores over the next two years. The company had 827 retail locations as of April 1. The closures are intended to improve profitability, Michael Kors said. The retailer anticipates...

Tata CLiQ Luxury, the Tata group’s multi-brand luxury e-commerce platform has announced the addition of America’s iconic clothing brand Brooks Brothers to its brand portfolio. Tata CLiQ Luxury will host more than 500 curated styles from Brooks Brothers Main Line...

Some analysts may refer to east India as a relatively under-developed region in the context of retailing growth and evolution. However, this market has been on a growth trajectory since the turn of new millennium. The growth has been...

In terms of online market share, Michael Kors, Ralph Lauren and Coach reign supreme; the three of them take 63.5 per cent of the share of online visits to the luxury apparel industry. Louise Vuitton, Gucci and Chanel are the...

The global apparel retail industry is big not only in terms of its consumer base, but also in numbers, brand players and influencers. Statistically speaking, the industry’s value in 2015 was US $1,377.5 billion – a 3 per cent...