Michael Kors kept producing and shipping collections during Chapter 11 bankruptcy
Michael Kors · Michael Kors: Michael Kors · Mar 6, 2023 · at 49:12
Michael Kors explains his company's operational decision to keep manufacturing and shipping after filing for Chapter 11 bankruptcy.
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“We went into Chapter 11 bankruptcy, but the, right away we made the decision We're not gonna stop producing our collection. We're gonna continue to ship it to the stores, and we're gonna continue doing business. Maybe we won't be able to have an advertising campaign. Maybe we have to cut staff. Maybe we have to, you know, no longer have an extravagant fashion show. We're gonna do what we have to do.”
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