The ability to delivery a high-quality omnichannel experience has never been more critical than during the post-pandemic era, but most brands aren’t prepared to meet consumer expectations, according to a report from NewStore. Not surprisingly, providing safety and convenience were atop the list of winning practices cited.
NewStore releases the 2021 Omnichannel Leadership Report, an assessment of nearly 200 luxury, premium, and lifestyle brands’ omnichannel competence in the age of COVID-19 The pandemic has sped up omnichannel … Continue Reading →
The U.S. government is cracking down on the sale of counterfeit ecommerce items and pirated goods, warning of stricter rules and penalties for participants in a rogue economy that was valued at $509 billion in 2016. A DHS report announcing the crackdown came in response to an April 2019 memorandum from President Trump.
Michael Kors Holdings Limited announced that a definitive agreement has been made to acquire Gianni Versace S.p.A for a total of $2.12 billion (1.83 billion Euro). Here are some of the key initiatives this acquisition will bring for both luxury brands.
Michael Kors Holdings Limited, a global fashion luxury brand, announced that it has reached an agreement to acquire Jimmy Choo. Here are the details of the acquisition and what top executives from both companies had to say.
Michael Kors is expected to shut down up to 125 stores this year, according to various media reports. See what led to these store closures and what Michael’s Kors plans are from here.