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Michael Kors Sales Up on Pared Back, Elevated Assortment

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Michael Kors Holdings delivered “better than anticipated” full-year results as the company continues to navigate its Runway 2020 transformational plan. In a nutshell: The group credited freshness with the Q4 performance for the Michael Kors brand, which in accessories resulted in an assortment that consisted of 65 percent new styles. That newness combined with less…

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