Michael Kors will close 100 stores in the next 2 years
Michael Kors, popular chain stores retail sale of designer clothing, announced the closure of 100 stores in the next 2 years, as analysts predict the company’s sales will continue to fall 2018. The company’s shares fell nearly 11% to 32.38 dollar USA, which is the lowest figure for the last five years. Michael Kors Holdings Ltd, once a popular name in the «affordable luxury», fought with the decrease in the…