Michael Kors Taps Into Children’s Wear Market

Michael Kors is best known for their amazing handbags, and luxurious quality. Michael Kors also designs beautiful women’s clothing where each collection is made with that all-American feel. One thing they have not tapped into in the back is children’s wear, but never say never! Michael Kors has partnered with French group, Children Worldwide fashion to release a children’s line. This is very exciting for the company as they are getting into a new market which they have never gotten into before.

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Fake Luxury Taking Over Real Luxury

Through the streets of New York City and resellers online, it has become popular for people to buy replicas of luxury items to avoid paying to steep price of the original. Some of the popular brands that are counterfeited include Louis Vuitton, Gucci, and Prada. While it provides a self-esteem boost for some to flaunt that they have designer items, despite it being counterfeit, at the end of the day it affects these companies in more ways than expected.

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Tiffany and Co. Sues Louis Vuitton Over Failed Acquisition Deal

Tiffany and Co. announced that they are suing French Company Moët Hennessy Louis Vuitton SE (LVMH) on Wednesday September 9th. This began on November 25th, 2019, when LVMH had approval from their board of directors to carry out the plan of acquiring Tiffany & Co. for $16.2 billion.

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