Michael Kors brand ‘losing momentum’

The latest numbers from Michael Kors are far from being a good result, indicating a distinct lack of momentum at the brand. In some divisions, the Michael Kors brand has experienced a reversal of fortunes since the last reporting period and the results highlight the company was not one of the winners this holiday season as it was not able to capitalise on heightened consumer spending and confidence. An overall sales growth of 6.5 per cent might look reasonable enough, however, this is inflated b

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