Michael Kors Plans Major Retail Expansion
Go big or go home seems to be the theme of Michael Kors’ retail expansion plan. Between opening more freestanding stores and shops-in-shop and launching a new e-commerce website, Kors has big plans for his brand throughout the next year or so. According to WWD, the company plans to open 45 stores in North America in fiscal 2015, as well as 10 in Japan. John D. Idol, the chairman and CEO of Michael Kors, said the brand also plans to open more retail stores in various airports.