Michaels Kors Holdings Limited is buying an Italian fashion-forward brand long associated with celebrities and the red carpet. The U.S. apparel and accessories company is also changing its name.
The final beam was inserted today in the crown of 30 Hudson Yards, the tallest structure in New York City’s newest neighborhood and taller even than the Empire State Building seven blocks to its east.
Lifestyle accessories retailer Tapestry benefited from a strong first quarter performance by its Coach brand, but its Kate Spade banner turned in weak results.