Are the Jimmy Choos worth it? Michael Kors is going to find out. Michael Kors shelled out $1.2 billion to buy the Jimmy Choo shoe brand on Tuesday —a price tag that struck some analysts as staggeringly high, like a pair of $750 Jimmy Choo pumps. Kors Chief Executive John Idol called London-based Choo a...
NYS Entity Status
NYS Filing Date
SEPTEMBER 26, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - KOR REFRIGERATION INC
AROUND THE WEB
- Michael Kors acquires Jimmy Choo for $1.2 billion
By Lisa Fickenscher - Tuesday Jul 25, 2017
- Michael Kors shares surge as handbag outlook brightens
By Reuters - Tuesday Aug 8, 2017
Michael Kors Holdings reported better-than-expected quarterly results on Tuesday and lifted its annual revenue forecast as it opened more stores and benefited from strong demand in China, sending its shares soaring 18 percent. The US fashion accessories maker also for the first time provided an estimate of revenue from its recently announced deal to buy...
- Luxury retailers Ralph Lauren, Michael Kors are on the mend
By Lisa Fickenscher - Tuesday Aug 8, 2017
Luxury retailers, beaten up in recent years, may have started to rebound, analysts said Tuesday. Both Ralph Lauren and Michael Kors, their stocks deep in the red this year, turned things around by posting second-quarter results that beat Wall Street expectations. Both designers reported sales declines — but they were smaller than the drop-offs recently...
- The luxury arms race: Michael Kors and Coach target takeovers
By Vanessa Friedman and Elizabeth Paton - Friday Jul 28, 2017
The global luxury market has long been dominated by three giants, all European — LVMH Moët Hennessy Louis Vuitton, Kering and Richemont. Now, it has two hungry American contenders. Coach and Michael Kors, fashion houses that have thus far catered to the “middle market” of the luxury sector, are looking to transform themselves into leading forces in the field, and they could reshape the industry in the process. Kors said last week that it would buy the upmarket London-based shoemaker Jimmy Choo for $1.2 billion. It declared the deal to be the beginning of a makeover that would turn an ailing American single-brand accessories business into a multilabel global fashion and luxury behemoth.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- MTV Mines the Past for Its Future: ‘Total Request Live’
By JOHN KOBLIN - Sunday Jul 30, 2017
Remember the “TRL” studio and crowds in Times Square? Music? Carson Daly? MTV hopes you do, and will tune in again.