It's in the Bag. Or Is It? Michael Kors' Quest to Stay at the Top
The case "It's in the Bag. Or Is It? Michael Kors' Quest to Stay at the Top" describes the meteoric rise of this fashion company and outlines the strategic options it might consider for the future. The year 2014 marked three years since Michael Kors Limited had completed a successful IPO. But John Idol (CEO) and Michael Kors (Chief Creative Officer) needed to take stock. There were indications that the handbag market might be becoming saturated. Also, there were concerns that the brand risked losing its appeal. International growth was critical to the future of the company and it remained to be seen whether its approach would work in Europe and Asia.