Wednesday, December 14, 2011

Norman Lear Ripped By Talk-Radio Hosts After 'Angry' Speech (Audio)

Michael Kors Holdings, the apparel-design company from Project Runway judge Michael Kors, priced its initial public offering Wednesday at $20 a share, higher than its expected range of $17-$19.our editor recommends'Project Runway's' Michael Kors Gets MarriedFashion Designer Michael Kors Eyes Sale of Stake for up to $500 MillionLifetime Reveals 'Project Runway All Stars' Cast, Premiering in January'Project Runway' Star Sued By Talent Agency Over Shoe Deal PHOTOS: Paris Fashion Week Top Ten The company also said it would sell 47.2 million shares, about 5.5 million more than it first planned planned, and the stock will begin trading Thursday on the NY Stock Exchange under the symbol KORS. STORY: Michael Kors' Spring Collection Slammed by Critics; 'Hillbillies on Safari,' One Writes Kors, 52, began designing clothes when he was 19 and launched his company in 1981. Celebrities who have worn his designs to the Oscars include Joan Allen and Jennifer Garner, while Gwyneth Paltrow, Cate Blanchett and Rene Russo have worn them in the films Possession, Bandits and The Thomas Crown Affair, respectively. In its latest fiscal year, Michael Kors Holdings grew its revenue 58 percent to $803 million and its net income 85 percent to $73 million. PHOTO GALLERY: View Gallery Met Gala 2011 Fashion Top 10 Related Topics Fashion Cate Blanchett Gwyneth Paltrow Heidi Klum Jennifer Garner Joan Allen Project Runway Michael Kors

No comments:

Post a Comment