Idol takes over from Cedric Wilmotte, who had been CEO of Michael Kors since April 2023 and will leave the company after 16 years. Idol will continue in his role as chairman and CEO of Capri ...

In August 2023, Capri agreed to be sold to Tapestry for $57 per share, but the deal collapsed due to FTC opposition. The Michael Kors brand was founded in 1981. In 2003, Kors sold 85% of his firm ...

The UK arm of luxury fashion brand Michael Kors has revealed plans to lower its prices after suffering a significant hit to its sales.

Michael Kors, the luxury fashion brand, which is known for its high-end handbags, is to cut its prices, according to its UK arm's latest financial accounts ...

Michael Kors to close five UK stores due to macroeconomic conditions and reduced consumer spending. Turnover drops, but brand ...