Like a lot of retailers, Michael Kors is struggling a bit with its brick and mortar stores. So the company plans to close up to 125 of them over the next couple of years.
The company currently operates 827 retail stores, with another 133 operated by licensing partners, for a total of 960. So this announced closure represents, at most, about 13% of the total locations.
Michael Kors has a location in Foley, as well as stores in Gulfport and Destin.