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Michael Kors, Nordstrom, Amazon goes high-end and Chinese consumers – News briefs

May 9, 2012

 

Michael Kors declines after Fossil lowers 2012 forecast
Michael Kors Holdings Ltd., the Hong Kong-based luxury-clothing company, dropped to a two-week low in New York as Fossil Inc. reduced its 2012 earnings forecast, leading a decline among retailers.

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