Diversifying in one way or another to more effectively capture marketshare was a common theme among some of the firms presenting at twoseparate investor conferences on Wednesday.
At the Piper JaffrayAnnual Consumer Conference at the New York Palace Hotel, Joe Parsons,executive vice president, treasurer, chief financial officer and chiefoperating officer of Michael Kors Holdings Ltd., said, “We’re actuallyvery excited about the accessible luxury business, which we believe isgrowing both in North America and globally. So we think our positioningis excellent there.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)