
Michael Kors to close up to 125 stores as it moves to loss
Luxury lifestyle brand Michael Kors has said it will close up to 125 stores in a bid to improve profitability, after moving to a net loss in its fourth-quarter on the back of falling sales.

Luxury lifestyle brand Michael Kors has said it will close up to 125 stores in a bid to improve profitability, after moving to a net loss in its fourth-quarter on the back of falling sales.