Michael Kors Experiences Rapid Growth

Luxury fashion label Michael Kors has experienced significant growth over the past year and is cutting into the business of rival fashion designers, including Coach. Michael Kors saw a sharp rise last quarter in comparable-store holiday sales and profit margins. Michael Kors is best known for its line of luxury handbags, but the label has […]

Coach to Increase Prices to Differentiate from “Affordable Luxury” Brands

Coach has announced they will be selling their handbags at a higher price to separate themselves from affordable luxury brands like Michael Kors.