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Capri Holdings 'firmly' denies search for Michael Kors successor

Capri Holdings, parent company of Michael Kors, has denied a suggestive report by WWD that a search is underway for a possible successor to Kors. In a statement to the media outlet, Capri reported that the eponymous designer was and remains 'chief creative officer' of Michael Kors. The response follows a report published by WWD earlier this week...