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Mar 30, 2018

OVP Management Inc. lands Michael Kors, opening Summer 2018 at Settlers Green Streetside


March 15, 2018 (North Conway, NH) – Michael Kors will open at Settlers Green Streetside this spring at Suite M30 across from Columbia Sportswear. The designer brand joins other high fashion brands at Settlers Green including Tommy Hilfiger, Coach and Ralph Lauren.

Michael Kors is an American luxury fashion brand that was established in 1981 by designer Michael Kors. It specializes in handbags, apparel, footwear, watches and other accessories. As of 2017, Michael Kors Holdings has more than 800 retail and outlet stores worldwide. The company acquired British high fashion shoemaker, Jimmy Choo, for $1.2B in November 2017.

Michael Kors, founder and Chief Creative Officer of the company, helped elevate his brand and image in the mid-2000s by joining the cast of Lifetime’s “Project Runway,” alongside model Heidi Klum and other big names in fashion. With this recognition, the brand’s social media numbers grew, and at the time, Michael Kors was the fastest growing fashion brand in social media through the late 2000s. In 2011, Michael Kors made the largest ever initial public offering by a fashion brand on the New York Stock Exchange, valuing the business at $2B.

Charitable contributions by Michael Kors includes its “Kors Cares” program, which supports two major charitable projects. “Watch Hunger Stop” is a worldwide effort that supports the UN World Food Program, and “Gods Love We Deliver” is a New York-based organization that provides meals to people living with severe illness, serving up 1.2 million meals each year to the tri-state area.

Work is underway at the 3900 square foot store and it will be open by Summer 2018. More details on the brand can be found at settlersgreen.com/shop.

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OVP Management, Inc., a Newton, Massachusetts based real estate development company that has developed over 600,000 square feet of commercial properties in North Conway. It has an on-site management office at Settlers Green that manages Settlers Green, Settlers Crossing and Settlers Corner. The Settlers brand includes more than 90 tenants. For leasing opportunities, contact Robert M. Barsamian at rmb@ovpmanagement.com or go to ovpmanagement.com for photos, site plans and details regarding the properties.