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The Apple Watch might be killing Michael Kors

2015-05-27 20:28:27| Apparel - Topix.net

Analysts predicted last year that the tech-savvy watch, which launched in April at a starting price of $349, would c Michael Kors reported a 5.8% decline in same-store sales for its fourth quarter on Wednesday, including a 6.7% drop in North America. Analysts had been expecting a same-store sales increase in North America - the company's biggest market - of 3%.

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