(“Fossil”) and Michael Kors, Inc. are pleased to further their existing relationship to debut the Michael Kors Fall 2011 jewelry collection, offering women’s earrings, necklaces, bracelets and rings.
Michael Kors first partnered with Fossil in Fall 2004 to launch the highly coveted Michael Kors watch line. With the support of Fossil’s established global watch business, the jewelry collection will draw upon the iconic details that represent the Michael Kors jet set lifestyle. Through the use of chain detail, mixed materials and iconic hardware, the collection will carry out Michael Kors’ vision to deliver to the modern woman “the perfect jewelry box.” The pieces will offer clients a new product category but will also maintain the metal finishes and leather detailing that coincide with the brand’s currentaccessories lines.
Michael Kors has long seen accessories as the accents that distinguish
a woman’s style, and he is excited to offer a new way for women to
complete their wardrobes. “I’ve always thought of accessories as the
exclamation point of a woman’s outfit. Now, with my jewelry collection,
I can deliver the full spectrum of the Michael Kors vision for a truly
fabulous look,” Michael Kors noted.
“We believe there is a strong demand for luxury fashion jewelry. This
category represents a natural extension of the Michael Kors brand as an
essential component in completing the jet-set lifestyle. We are
thrilled to be continuing our partnership with Fossil. Given our
successes with our watch business, we see the jewelry category having
great global potential for our business,” stated John D. Idol, Chief
Executive Officer.
Kosta Kartsotis, Chief Executive Officer of Fossil commented, “We are
very pleased to expand our partnership with Michael Kors by adding the
jewelry collection to our rapidly growing Michael Kors watch business.”
Price points for pieces within the collection will range from $100 to
$500. The jewelry will be available in select Michael Kors retail
stores worldwide and sold through limited domestic and European
wholesale partners beginning in Fall 2011.
Michael Kors is recognized as one of America’s pre-eminent designers
for luxury sportswear. His namesake company, established in 1981,
currently produces a range of products through his Michael Kors
Collection, KORS Michael Kors, and MICHAEL Michael Kors labels,
including men’s and women’s ready to wear, accessories, and a full line
of fragrance and beauty products for both men and women. Michael Kors
Collection Flagship stores are located in New York NY, Beverly Hills
CA, Manhasset NY, Chicago IL, Palm Beach FL, Milan, IT, Paris, FR and
London, UK.
Fossil Inc. is known for its Fossil branded business and for its
multi-brand watch and jewelry business. The Fossil brand consists of
watches and accessories as well as clothing and is distributed globally
through retail partners and through its 364 Fossil stores. The
multi-brand watch and jewelry business consists of a portfolio of owned
and licensed brands including Michael Kors.
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