It was revealed at an FTC hearing on Monday that while Michael Kors handbags have a price tag of nearly $450, the average out-the-door retail price was $92 in 2023, Women's Wear Daily reported.
He said the markdown of Michael Kors’ handbags contributed to “a bad spiral Macy’s was living through when I was there.” The antitrust trial is expected to conclude on Tuesday with ...
Since then, it has grown into a leading brand, thanks to its iconic Michael Kors handbags, watches, and other wearables. This designer brand is a global empire, with stores around the world ...