Bridget Foley’s Diary: The COVID-19 Impact Michael Kors Is Optimistic But Nervous, Too

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.MichaelKors spoke to WWD about how he is dealing with the impact of the coronavirus.

Michael Kors walks the walk. His particular walk gravitates unfailingly to the sunny side of the street; he is as unrelenting an optimist as there is. Typically, Kors has to know that Capri Holdings, which now owns the brand he founded and at which he remains creative director nearly 40 years later, is paying the “Michael Kors family” employees whose specific jobs don’t allow for the work-at-home option.

And for us, we work with Italy. I’m used to traveling four times a year working on the collection, and all of the people we work with in Italy and China, these people are all not only coworkers, they’re friends. So we have been experiencing this [virus] for quite a while as far as friends and coworkers in Asia and in Europe, and now it’s here. For me, it has become so unbelievably apparent that we are unbelievably interconnected. When I started in business, I truly never thought internationally.

WWD: What do you hear from the people who work at Michael Kors? Do they fear for their jobs? So many people are frightened about how long they’ll be paid.

 

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