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Michael Kors and other luxury brands recalibrate by returning to their more luxurious roots

Michael Kors and other luxury brands recalibrate by returning to their more luxurious roots

(Bloomberg Gadfly)—It’s taken a while, but big American labels finally seem to get it: If you want to be a luxury brand, then you have to act like one. Michael Kors Holdings Ltd., No. 328 in the Internet Retailer 2017 Top 500, reported Monday that gross profit rose 7.2% in the latest quarter from a […]

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