Michael Kors has recently opened a new store in Moscow, defying the current financial crisis of the country. The new Michael Kors store opened in the heart of Moscow on Stoleshnikov Lane. The store which covers 200 sqm features ready to wear, accessories, jewelry, shoes and fragrances. Michael Kors stores in Russia are operated in franchising by BNS Holding which runs more than 200 stores of global brands that also include Armani Jeans and Topshop.