Michael Kors 1st-qtr profit rises, raises forecast

Apparel company Michael Kors Holdings Ltd reported higher-than-expected quarterly profit, helped by rising sales at its own stores and the roll-out of its boutiques at department stores, and raised its full-year profit forecast. Michael Kors AW 2012/13 Ad campaign. Photographed by Mario Testino at Paramount Studios in Los Angeles Michael Kors, whose founder is a judge on the long-running television fashion show "Project Runway," said on Tuesday sales at its own stores open a year could rise as

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