NEW YORK — Michael Kors has been rumored for several months to be among the designers rushing headlong into the better market for 2004 — yet another label among the herd — but his true ambitions are much greater: He wants to become a $1 billion department store player.
The designer confirmed in an interview on Wednesday that Michael Kors Inc. will launch a new, lower-priced collection called Michael for fall 2004 retailing that exceeds the typical better-range concept both in terms of its scope — launching women’s, men’s and a host of accessories at the same time — and in terms of price point, which is closer to the entry level of bridge.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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