In the big news of the week, Michael Kors Holdings Ltd. agreed to buy Jimmy Choo Plc for about £896 million ($1.2 billion), it was announced on Tuesday, July 25. The price represented a premium of 18% over Monday’s stock close. The price is equal to about 17.5 times Jimmy Choo’s adjusted Ebitda for 2016, reported the financial press. […]
Michael Kors
DFA inaugurates new branded Dulles Airport boutiques
Washington Dulles International Airport celebrated the grand opening of its luxury retail wing in Concourse A and B on August 19, highlighted by the gala ribbon cutting of seven new luxury branded boutiques opened by Duty Free Americas. The new DFA stores include Michael Kors, Kiehl’s, L’Occitane, Burberry, Thomas Pink, Coach and Montblanc. “We are […]
Michael Kors unveils The Gold Collection of luxe glamour fragrances
Michael Kors is launching a new Michael Kors Collection of fragrances that embodies the luxe glamour of the Michael Kors woman: The Gold Collection is three individual scents designed to reflect the opulence and luxury of a hallmark of Michael’s world—precious gold — in white, rose, and 24K varieties. “There is nothing sexier than a […]
