The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other missteps ...
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Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic.
The company says it aims to grow Versace's revenue from about $808 million to $2 billion, expand its footprint from 200 stores to about 300 stores, and increase the amount of shoes and accessories ...