Introduction
Michael Kors, a renowned fashion designer, made headlines in the industry when he acquired several luxury brands to form Capri Holdings Limited. Among the notable acquisitions were Jimmy Choo and Versace, which joined the eponymous Michael Kors brand under the new umbrella. This move signaled a significant expansion for the designer and positioned Capri Holdings as a major player in the luxury fashion market. In this article, we will delve into the details of the brands that Michael Kors bought and explore where you can find his products, including Michael Kors purses, handbags, watches, and clothing.
Capri Holdings Limited: The Three Founder-Led Brands
Capri Holdings Limited was established as a luxury fashion group, bringing together three distinct founder-led brands: Michael Kors, Jimmy Choo, and Versace. Each brand has its unique identity and target market, contributing to the overall diversity and appeal of the group's portfolio. Michael Kors, known for its classic American aesthetic and sophisticated designs, has a strong presence in the accessories and ready-to-wear segments. Jimmy Choo, a luxury shoe and accessories brand, is renowned for its glamorous and edgy style favored by celebrities and fashion enthusiasts. Versace, the iconic Italian fashion house, is synonymous with bold patterns, vibrant colors, and a daring attitude that embodies luxury and opulence.
The Acquisition of Jimmy Choo and Versace
On January 2, 2019, Michael Kors made a strategic move by acquiring Jimmy Choo for approximately $1.2 billion. This acquisition allowed Michael Kors to expand its product offerings into the luxury footwear segment and tap into a new customer base seeking high-end shoes and accessories. The addition of Jimmy Choo further diversified Capri Holdings' portfolio and elevated its status in the luxury fashion market.
Shortly after the Jimmy Choo acquisition, Michael Kors set his sights on another iconic brand, Versace. In September 2018, Capri Holdings announced the acquisition of Versace for approximately $2.1 billion. This bold move brought the legendary Italian fashion house under the same umbrella as Michael Kors and Jimmy Choo, creating a powerhouse trio of founder-led brands within the luxury sector. The acquisition of Versace solidified Capri Holdings' position as a global luxury fashion conglomerate with a diverse range of offerings catering to different consumer preferences.
Where to Find Michael Kors Products
For fashion enthusiasts looking to purchase Michael Kors products, there are several options available, including department stores, specialty retailers, and online platforms. Some of the popular destinations to find Michael Kors products include:
1. Macy's: Macy's is a leading department store that carries a wide selection of Michael Kors products, including purses, handbags, clothing, and accessories. Keep an eye out for Macy's Michael Kors purse clearance sales and discounts to score great deals on your favorite items.
2. Michael Kors Stores: The brand has its standalone stores located in various cities around the world, offering a curated selection of handbags, accessories, and ready-to-wear pieces. Visit a Michael Kors store to experience the brand's signature luxury and sophistication firsthand.
3. Online Retailers: E-commerce platforms like the Michael Kors official website, as well as online retailers such as Amazon, Nordstrom, and Saks Fifth Avenue, offer a convenient way to shop for Michael Kors products from the comfort of your home. Look out for special promotions and discounts on Michael Kors handbags clearance at these online stores.
4. Boutique Stores: Many boutique stores and luxury retailers also carry Michael Kors products, providing a personalized shopping experience and access to exclusive collections. Explore boutique stores in your area to discover unique pieces from the brand.
In addition to these retail channels, Michael Kors products can also be found at outlet stores, where shoppers can enjoy discounted prices on past-season items and limited-edition styles. Keep an eye out for Michael Kors handbags outlet sales for the opportunity to purchase premium products at a fraction of the original price.
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