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Mid-priced leathergoods help Kors steal a march on Coach

29/05/2014

US-based leathergoods brand Michael Kors has posted a 52% rise in sales for fiscal 2014 as it capitalises on mid-priced goods that have differentiated it from other luxury leather brands. Revenue for the year ending March 31 totalled $3.3 billion, driven by accessories, footwear and watches. CEO John Idol said: “We delivered outstanding...

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