Michael Kors launched its fall/winter collection during New York Fashion Week, featuring models in wool coats and monochromatic sweaters with feathered bags.
This show marked the brand’s 45th anniversary, shortly after a report indicated a 5.6% drop in sales for the holiday quarter due to fewer promotions. Michael Kors is crucial for Capri Holdings, accounting for over 80% of its revenue.
Models like Alex Consani and Christy Turlington showcased tailored suits, embroidered florals, and cashmere sweater dresses, inspired by the theme of chic New York. Designer Michael Kors described New York as a mix of grit and glamour.
Notable attendees included actresses Gabrielle Union and Dakota Fanning, alongside Vogue’s Anna Wintour. Capri Holdings shares fell 3.39% on Thursday and have decreased 12% in the past year.
With information from Reuters