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Fly News Breaks for March 9, 2015
KORS
Mar 9, 2015 | 07:44 EDT
Sterne Agee says that its store checks for Michael Kors came in weak last month, while the company has been experiencing shipping disruptions since March 1, apparently because of a collapsed roof at a facility of its fulfillment partner. The firm says that Michael Kors' e-commerce business could experience a lengthy disruption as a result of the collapsed roof. It keeps a Neutral rating on the shares.
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