The strong sales results from Michael Kors (KORS +1.5%) has the retailer increasing its planned...

|About: Michael Kors Holdings (KORS)|By:, SA News Editor

The strong sales results from Michael Kors (KORS +1.5%) has the retailer increasing its planned pace of store growth in Europe and the Far East even as its shop-in-a-shop concept expands into more department stores in other parts of the globe. Analysts think the ability of the company to draw in consumers from different income demographics is helping the company record the smashing comparable store sales growth numbers.