Why Michael Kors gives up European luxury (for now)

Why Michael Kors gives up European luxury (for now)

Last week, John Idol – the chairman and CEO of Capri Holdings – announced the suspension of European distribution for Michael Kors Collection, the brand’s first line, with the aim of rebalancing revenues. A move against the grain, but one that reveals more than one nuance: not only on a commercial level, but also on…

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