NEW YORK — Wall Street certainly liked Michael Kors Holdings Ltd.’s first earnings report — the company’s shares soared 27.5 percent Tuesday, making it the standout share of an otherwise flat trading day.
No wonder John Idol, Kors’ chairman and chief executive officer, is bullish. In his first interview since the firm went public, Idol outlined several key initiatives, which ranged from opening more freestanding stores in North America, Europe and Japan, to aggressively expanding its digital operation, to creating more shops-in-shop at wholesale accounts in North America.
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)