Daily Digest

For Michael Kors Insiders, Cashing Out Is Very Much in Fashion

Michael Kors Spring/Summer 2013 campaign | Source: Michael Kors

“Since the initial public offering of Michael Kors Holdings in December 2011, Mr. Kors has sold about $700 million worth of the company’s stock. His latest sale, of  about three million shares, or $180 million, came on Thursday as part of a large offering by Michael Kors insiders.”