Pursuits

Michael Kors Plans Doubling of Greater China Stores by Year End

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Michael Kors Holdings Ltd., the luxury-goods maker and retailer, aims to more than double its Greater China stores by the end of the year as the clothing market surges.

Shops in China, Hong Kong, Macau and Taiwan will jump to 15 by the end of this year from seven now and may gain to more than 100 over the next three to five years, Chief Executive Officer John Idol said yesterday.