By  on August 12, 2014

In the battle of the handbag firms, it was first all about market share. Now it’s about margins.

And Wall Street is worried. Shares of leading contemporary handbag brands have been battered over the last month, beginning with Michael Kors Holdings Ltd. and extending to Coach Inc. Kate Spade & Co. became the latest on Tuesday, even though the company posted a substantial narrowing of its second-quarter loss from a year ago.

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