Michael Kors: Headed for the Discount Bin?
October 01, 2014 at 15:24 PM EDT
It’s been a tough couple days for clothing and accessories retailer Michael Kors (KORS). F. Martin Ramin/The Wall Street Journal With shares falling 5% on investor fears of soft demand, and Macy’s (M) discounting a sizeable portion of its Michael Kors inventory, it was time for someone–anyone–to step up and say something. So Morgan Stanley’s [...]