The statement you provided seems to suggest that renowned fashion brand Michael Kors is finding it difficult to sell handbags due to the rising influence of social media platforms like TikTok and popular celebrities like Taylor Swift. These platforms and celebrity influences may be shaping consumer preferences in the fashion market, making it challenging for traditional brands to maintain sales. They might be referring to the shift in marketing trends, indicating a strong tilt towards influencer marketing and fast-changing fashion trends driven by these platforms and celebrities. However, to