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No Price Hike at Michael Kors, Despite Tariff Threat

Tariffs or not, Michael Kors won’t be passing on the cost to consumers for now. Capri Holding Ltd.’s chairman and chief executive officer John D. Idol told Wall Street analysts during his first-quarter earnings conference call Wednesday that “our intent is not to raise prices. We believe that…Michael Kors, the brand, will return to flat…

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