Stock Markets February 12, 2026

Michael Kors Marks 45 Years in New York Fashion Week Show While Capri Shares Slip

Fall/winter collection mixes tailored grit and glamour; Capri Holdings reports holiday-quarter sales decline for the Michael Kors brand

By Maya Rios CPRI
Michael Kors Marks 45 Years in New York Fashion Week Show While Capri Shares Slip
CPRI

Michael Kors unveiled its fall/winter lineup at New York Fashion Week, showcasing wool coats, monochrome knits and feather-accented bags as the brand celebrated its 45th anniversary. The presentation followed a holiday-quarter sales decline for the Michael Kors business, and Capri Holdings shares fell on the day of the show.

Key Points

  • Michael Kors staged its fall/winter show at New York Fashion Week as the brand celebrated its 45th anniversary.
  • The runway featured wool coats, monochromatic sweaters, feathered bags, tailored suits, embroidered florals and cashmere sweater dresses reflecting a blend of urban grit and glamour.
  • Capri Holdings reported a 5.6% drop in Michael Kors sales in the holiday quarter, and Capri Holdings shares fell 3.39% on the day of the show; Michael Kors represents more than 80% of the company's revenue.

Michael Kors presented its fall/winter collection on Thursday during New York Fashion Week, staging a runway show that paired practical tailoring with elevated accents as the brand marked its 45th anniversary.

Models walked the Metropolitan Opera House staircase in wool coats and monochromatic sweaters while carrying feathered handbags, and the collection included tailored suits, embroidered floral pieces and cashmere sweater dresses. The looks were described as drawing on a straightforward idea of city dressing - a balance between functional toughness and moments of opulence.

The designer framed the collection around a New York sensibility, saying the city is "gritty, tough, rough, resilient, and then you turn the corner and it's glamorous, opulent, and fabulous." He added that reconciling those two sides has informed his creative approach. The runway featured models such as Alex Consani and Christy Turlington.

Celebrities and industry figures attended the presentation. Among those in the audience were actresses Gabrielle Union, Elle Fanning and Leslie Bibb, along with Vogue's Chief Content Officer and Global Editorial Director Anna Wintour.

The show arrived just over a week after the Michael Kors business reported a 5.6% decline in sales in the holiday quarter, a drop the company attributed to reduced promotions. Michael Kors is the dominant brand within its parent company, accounting for more than 80% of the company's revenue.

On the same day as the presentation, shares of Capri Holdings fell 3.39%. The stock has declined about 12% over the past 12 months.


Context and commercial note contained in the original reporting: The article also referenced an evaluation of Capri Holdings by an AI-driven stock-picking tool and cited past performance examples for that tool. The rewritten piece preserves the factual elements about the product mention but does not evaluate or endorse investment advice.

Risks

  • Sales for the Michael Kors brand fell 5.6% in the holiday quarter due to reduced promotions - a risk for apparel and retail revenue.
  • Heavy dependence on Michael Kors for more than 80% of Capri Holdings' revenue concentrates company exposure in a single brand, which can affect parent-company financial stability.
  • Capri Holdings' stock has declined, including a 3.39% drop on the day of the show and a roughly 12% fall over the last 12 months, representing market risk for equity investors in the apparel and consumer discretionary sectors.

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