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http://feeds.reuters.com/~r/reuters/businessNews/~3/D31VJB77FrY/us-michaelkors-results-idUSKBN1AO185

I found this very interesting.

(Reuters) – Michael Kors Holdings Ltd reported better-than-expected profit for the first quarter as it cut down on promotions and sold more premium handbags, and lifted its full-year revenue forecast, sending the company’s shares up as much as 22 percent.

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