Content about Michael Kors

New York -- As shares of his company reached an all-time high, fashion designer and retailer Michael Kors will sell 3 million of his shares as part of a secondary offering of 25 million shares, according to a Tuesday regulatory filing.

Kors' ownership in Michael Kors Holdings Inc. will fall to about 4.8 million shares, or 2.4%, down from 3.9% after the sale.

Atlanta -- CBL & Associates Properties and Horizon Group Properties announced that their jointly owned Outlet Shoppes at Atlanta will open one month earlier than previously announced – or on July 18, 2013.

South Jersey’s first Henri Bendel has opened at Cherry Hill Mall, located in Cherry Hill, N.J.

The PREIT-owned property now features a 2,300-sq.-ft. Henry Bendel designer fashion boutique, joining Nordstrom, True Religion, Hugo Boss, Michael Kors, Guess by Marciano, and more.

“As South Jersey’s fashion destination, Cherry Hill Mall continues to welcome venerable style icons to the property,” said Lisa Wolstromer, Cherry Hill Mall senior marketing director.

New York  -- Macy’s, Sephora, Michael Kors and Lancome were ranked as Facebook “geniuses” in the second annual L2 Facebook IQ Index, developed in partnership with Buddy Media, a social enterprise software firm.

While there still is not enough new shopping center construction to warrant a “Fastest-Growing Developers” ranking system — as Chain Store Age provided for 20 consecutive years, from 1989 to 2008 — progress continues to be made.

Cherry Hill, N.J. — Noted fashion designer and retailer Michael Kors has opened a new store in Cherry Hill, N.J. — at the Cherry Hill Mall, a property owned by Philadelphia-based Pennsylvania Real Estate Investment Trust.

The store opening is part of the mall’s $200 million complete renaissance, which includes the addition of white-linen restaurants, a new parking deck, the addition of an upscale retail wing, a redesigned and relocated food court now called Cherry Hill Cafés, and extensive interior and exterior renovations.

New York City -- A series of retailer moves on Madison Avenue has allowed for expansion and improved adjacencies in one of Manhattan’s luxury shopping meccas.

According to Prudential Douglas Elliman’s Retail Group, Italian luxury sportswear retailer Paul & Shark has opened in the Hartz Mountain Building at 667 Madison Avenue, replacing Michael Kors. In turn, Michael Kors will move to the current Steuben store and open a new flagship when the glassmaker departs the space.

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that Soma Intimates, a Chico FAS company, will open on May 25 at Town Center at Boca Raton, located in Boca Raton, Fla.