Michael Kors Holdings news and archive

Donatella Versace hits back at critics

London - Following Michael Kors Holding’s announcement that it was acquiring Italian fashion house Versace, Donatella Versace has been receiving criticism across social media, about how the designer label could still be Italian as well as how she could still be heading up the creative direction of the brand, and the fashion designer has hit...

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Business

Capri Holdings announces strategic plans to grow Versace

Capri Holdings, the newly renamed Michael Kors Holdings, has confirmed an ambitious strategic plan for the long-term growth of Versace, following its acquisition of the Italian fashion house Gianni Versace S.p.A for a total value of 1.83 billion euros (approximately 2.12 billion US dollars). The American luxury conglomerate, Capri Holdings,...

Apparel

Michael Kors names president of Asia

Luxury fashion and lifestyle brand Michael Kors has named Stephane Lafay as president of Asia, a newly created role as the fashion house looks to build on its “momentum” in the region. Lafay will join Michael Kors on July 28 and he will report into John D. Idol, chairman and CEO of Michael Kors Holdings Ltd. Commenting on the appointment, Idol...