Michael Kors
This coverage focuses on Michael Kors’ retail activities in the UK, highlighting recent developments and strategic initiatives. In 2025, the brand opened a temporary store at 9 Old Bond Street, maintaining its presence in London’s luxury shopping district while its flagship store at 187โ191 Regent Street undergoes renovation, with completion expected in summer 2025. Additionally, Michael Kors expanded its store in Edinburgh’s Multrees Walk, enhancing its luxury offering in the city. Insights are tailored for retail professionals, brand managers, and business executives seeking to understand Michael Kors’ impact and trajectory in the UK retail sector.
-
Jun- 2024 -18 JuneNews
Today’s news in brief-18/6/24
Supermarket sales in the UK saw a modest increase of just 1.0% for the four weeks to June 9, 2024, marking the slowest growth since June 2022. This sluggish performance is attributed to poor weather and falling inflation, with average shopper visits dropping slightly from 16.4 to 16.3 times compared…
Read More » -
18 JuneLuxury Goods
Michael Kors eyes further price hikes as UK sales nosedive
Michael Kors may resort to further price hikes after seeing the cost of basic materials rise, at the same time as it experienced a dramatic fall in UK sales last year, This is Money has reported. The luxury groupโs sales performance, which was down by a tenth in the UK,…
Read More » -
May- 2024 -8 MayClothing & Shoes
All Good Things opens London debut store at The O2
Sustainable designer outlet store All Good Things has officially opened at Outlet Shopping at The O2, marking its London debut.ย Offering a range of โhigh-qualityโ clothing and accessories, All Good Things has opened a 4,000 sq ft space located on the upper level of Outlet Shopping at The O2, adjacent…
Read More » -
Feb- 2024 -1 FebruaryHigh Street
M Core acquires Princes Square in Glasgow
Commercial property and investment collective, M Core, has announced its acquisition of the Princes Square retail development in Glasgow city centre for an undisclosed sum.ย Princes Square, occupying a prime position on Buchanan Street, has been โwidely acknowledgedโ as the UKโs best retail centre outside of London. The 118,625 sq…
Read More » -
Aug- 2023 -11 AugustLuxury Goods
Tapestry acquires Versace owner for $8.5bn
The owner of Coach, Kate Spade and Stuart Weitzman, Tapestry Inc, has announced its acquisition of Capri Holdings, a global luxury fashion group that consists of Versace, Jimmy Choo and Michael Kors for approximately $8.5bn (ยฃ6.6bn).ย This acquisition brings together six โhighly complementaryโ brands with global reach on Tapestryโs customer…
Read More » -
Jan- 2023 -25 JanuaryLuxury Goods
Michael Kors appoints new CEO
Michael Kors owner Capri Holdings has announced the appointment of Cedric Wilmotte as the CEO of Michael Kors effective 3 April 2023. Wilmotte recently served as the interim CEO for Versace from January through September 2022 and is currently Versaceโs COO. Prior to his time at Versace, Wilmotte led the…
Read More » -
Aug- 2021 -25 AugustPeople Moves
Capri Holdings names Joshua Schulman as Michael Kors CEO
Capri Holdings has named Joshua Schulman as the new CEO at Michael Kors, effective immediately. The group also revealed that Schulman will take over the role of CEO at Capri, who also owns Versace and Jimmy Choo, following John Idolโs move to executive chairman in September 2022. As CEO at…
Read More » -
3 AugustClothing & Shoes
Capri Holdings sees Q1 revenues reach $1.25bn
Multinational fashion company Capri Holdings has reported a 178% year-on-year spike in total group revenues to $1.25bn (ยฃ898m) for Q1 FY22. The owner of Jimmy Choo, Versace, and Michael Kors has in turn raised its full-year adjusted earnings per share forecast to $4.50 (ยฃ3.23). Adjusted profit for the quarter ended…
Read More » -
Jun- 2021 -3 JunePeople Moves
Capri names Jenna A. Hendricks as chief people officer
Capri Holdings Limited, a global fashion luxury group, has announced the promotion of Jenna A. Hendricks to senior vice president, chief people officer effective June 1, 2021.ย In this role, Hendricks will be responsible for leading the global human resources organisation for Capri Holdings across all three luxury houses to…
Read More » -
May- 2021 -24 MayLuxury Goods
Capri announces boardroom changes
Capri Holdings, a global luxury fashion group, has announced that M William Benedetto is set to retire from his role as lead director at the group on 28 July 2021. Benedetto has worked at the owner of Michael Kors, Jimmy Choo, and Versace since 2011, serving on the audit committee,…
Read More »
