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Michael Kors and the executives who ran his fashion label knew they had a serious problem: Many of the handbags were selling for less than $100, far from the regular price of $450. The designer ...

Michael Kors started his public life as a child actor—so it probably didn’t surprise those who knew him best when he became a regular on Project Runway, the reality-TV show, in 2004.

On Monday, fashion icon Michael Kors testified in an antitrust trial in Manhattan as a Federal Trade Commission lawsuit filed in April that seeks to block Tapestry’s $8.5 billion acquisition of ...

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