What is going to change…
Michael Kors will join the luxury market
Image credit: ifooh.com
The Michael Kors brand is one of the most popular “middle market” brands in the luxury sector. With Jimmy Choo and Versace now under the same umbrella, the company is set to compete with other luxury fashion conglomerates like Tapestry, formerly known as Coach, who bought over Kate Spade and Stuart Weitzman.