I know. I KNOW. But hear me out, okay?
MICHAEL Michael Kors has a perception problem, especially when it comes to accessories. Selling expensive handbags is always a bit of a paradox; a brand has to sell enough of them to maintain its bottom line and please investors while still making consumers feel like they are buying something that’s at least a little bit rare and aspirational, and once a brand reaches a certain point of critical mass, the only direction for it to go is down.