Comment on Affordable luxury brands are booming in popularity

Affordable luxury brands are booming in popularity

Bets on the top-performing retailer this holiday don't favor the storied haute couture companies -- not Chanel with its $4,500 handbags, nor Neiman Marcus and its $150,000 bespoke falconry set. Instead, it's Michael Kors Holdings -- an American sportswear brand from a sassy former 'Project Runway' judge -- that's roundly predicted to crush Christmas.

 

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