Michael Kors Handbags made a name for himself designing clothes for celebrities. But he’s made his fortune with clothes that are “ready to wear” by anyone. He shares his secrets with Rita Braver: Backstage, the models are frantically prepp…

Discount Michael Kors Bags has had enough with department stores' excessive discounting. After reporting a 7 percent decline in its wholesale business during the fiscal first quarter, CEO John Idol told analysts that come February, the acc…

Summary KORS produced a horrendous Q3. Comps continue to fall off a cliff and the pullback in wholesale is also very painful. At 9.5 times forward earnings, KORS is probably still too expensive. Cheap Michael Kors Bags (NYSE:KORS) is a sto…