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Capri Q3 revenues up but warns of 100 million dollar hit from coronavirus
Michael Kors owner Capri Holdings has warned that the coronavirus outbreak in China, which has already prompted the closure of 150 of its 220 stores in the region, could result in a 100 million dollar hit to its revenue. The company, which owns brands Michael Kors, Versace, and Jimmy Choo, made the announcement while releasing its results for...
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