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Michael Kors reports increased revenues, pushes into China

02/06/2016
Michael Kors reports increased revenues, pushes into China

Leathergoods brand Michael Kors reported better-than-expected earnings and sales in the final quarter of the 2015/2016 fiscal year and completed the acquisition of its official licensee of products in Greater China. For the quarter to April 2, the company reported earnings of $176.3 million, down 3% on the $182.6 million recorded in the same...

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