Michael Kors Inspired by Grandmother’s Wedding Gown for Fall-Winter Collection at NY Fashion Week

 A model presents a creation from the Michael Kors Fall/Winter 2024 collection during New York Fashion Week, in New York City, US, February 13, 2024. (Reuters)
A model presents a creation from the Michael Kors Fall/Winter 2024 collection during New York Fashion Week, in New York City, US, February 13, 2024. (Reuters)
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Michael Kors Inspired by Grandmother’s Wedding Gown for Fall-Winter Collection at NY Fashion Week

 A model presents a creation from the Michael Kors Fall/Winter 2024 collection during New York Fashion Week, in New York City, US, February 13, 2024. (Reuters)
A model presents a creation from the Michael Kors Fall/Winter 2024 collection during New York Fashion Week, in New York City, US, February 13, 2024. (Reuters)

The original location of the legendary Barney’s Department store in the Chelsea section of Manhattan set the stage for designer Michael Kors to present his Fall-Winter 2024 collection at New York Fashion Week.

Inside the mirrored lobby, the celebrity-rich crowd included actors Blake Lively, Katie Holmes, Rachel Zegler, Brie Larson, Gabrielle Union, and many others. Vogue Editor-in-Chief Anna Wintour was also in attendance, as well as recording artist Kelsea Ballerini.

Before the show, Kors explained his mission for this collection during an interview with The Associated Press.

“When the world is upside down, I think my job is to make people feel more confident. It’s that simple,” Kors said.

His mother, Joan Kors, who died last year, had a strong influence in his life and career. And while her legacy remains with the designer, this time it was his grandmother who inspired him.

“I found my grandmother’s wedding gown and she got married in the 30s, and I started delving into the 30s because her dress looked so incredibly modern,” Kors said.

From there, he thought about old Hollywood.

“We saw the two sides of women’s personalities, we saw things that were very sensual and we saw Carole Lombard and Jean Harlow, and then we saw the great classic tomboys like (Marlene) Dietrich and Katharine Hepburn and the connective thread that all of that kept going,” Kors said.

The idea of creating the collection based on those elements and ideas impressed Rachel Brosnahan.

“I feel like any time you can inspire your art, whether it’s fashion or acting or music with any kind of emotion, it just makes that iconic and timeless and stand out. So I’m excited and I didn’t know that,” Brosnahan said.

The Emmy-winning star of “The Marvelous Mrs. Maisel” leaves town next week to take on the role of Lois Lane in “Superman: Legacy.”

“I guess the cat’s out of the bag. We’re doing our first table read next week in Atlanta,” Brosnahan said.

Once the runway show began, the crowd was treated to an assortment of tweed jackets, double-breasted coats, slit skirts, and sequined dresses. There were cashmere turtleneck sweaters, thick eyewear, and slender bags. With a few exceptions, the majority of designs employed a neutral color palette, with some gray, and lots of black.

“Black is definitely part of the collection. But there’s also the shock of wearing head-to-toe white in the winter. But then there are some warm tones of cappuccino and chocolate, lots of metallics, gunmetal, which I love,” Kors said.

Outside of the color scheme, Kors strives to create form fitting, sensual designs with roomy comfort.

“It is never just about wearing something skintight because for me it’s comfort for everything. But it’s definitely about showing the body too. That’s why today you will see models of every age and every size, which makes it interesting for me,” Kors said.

He added: “When they get dressed, they put something on, and it makes them feel ready to greet the day and feel their best self.”



Nike Shares Jump as Ackman’s Return Sparks Turnaround Hopes

The logo of Dow Jones Industrial Average stock market index listed company Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. (Reuters)
The logo of Dow Jones Industrial Average stock market index listed company Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. (Reuters)
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Nike Shares Jump as Ackman’s Return Sparks Turnaround Hopes

The logo of Dow Jones Industrial Average stock market index listed company Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. (Reuters)
The logo of Dow Jones Industrial Average stock market index listed company Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. (Reuters)

Nike shares gained nearly 4% on Thursday as investors hoped the return of billionaire William Ackman as a stakeholder could spark a turnaround at the sportswear giant that has been battling with strategy missteps and tough competition.

Ackman's hedge fund Pershing Square Capital Management now owns roughly 3 million shares of Nike, amounting to a stake of about 0.19%, a filing showed on Wednesday. He has not revealed any plans for the investment yet.

"He's going to have the ear of the executives at Nike and be able to lend some influence on maybe how to get the ship righted, as it were, for Nike at this point in time to try and find their way back home," said Brian Mulberry, client portfolio manager at Zacks Investment Management, which owned $25.79 million worth of Nike shares as of June.

The stock has lost nearly a third of its value this year and the company has forecast a drop in annual sales for fiscal 2025, leading some Wall Street analysts and investors to raise the possibility of a management shake-up including CEO John Donahoe.

When an activist investor comes in, the ultimate goal "will be replacing the person that sits in the corner office," said Art Hogan, chief market strategist at B Riley Wealth.

"And I say that because the template for that has been very clear this week in the form of Starbucks."

Starbucks poached Chipotle CEO Brian Niccol earlier this week, tapping the industry veteran behind the burrito chain's turnaround to revitalize growth at its coffee outlets.

Niccol joining Chipotle in 2018 was also the result of one of Ackman's pressure campaigns that have often led to CEO changes at companies including J.C. Penney and Air Products and Chemicals.

Ackman last invested in Nike in late 2017, around the time when the company was losing market share in North America to a reinvigorated Adidas.

He exited Nike a few months later in 2018, making roughly $100 million in profit by cashing out of the 0.71% stake - a rare passive investment for the billionaire investor.

Analysts and investors hinted on Thursday it might be early days for Ackman's second stint as an investor at Nike and he will need to build a larger stake to make an impact.

Nike's forward price-to-earnings ratio for the next 12 months, a common benchmark for valuing stocks, was 24.26, compared with Adidas' 36.75.