Collaborations and acquisitions are key to disruption for the luxury sector. Modest fashion stakeholders can learn a lot from the recent activities by major players. For those seasoned modest fashion labels, envisioning such collaborative possibilities may be in the near future. Michael Kors, a luxury handbag brand, agreed to acquire Jimmy Choo, a luxury shoe brand, for £896 million (around $1.2 billion) last month. This would be a case study on how consumers habits led to such an acquisition. This...