NEW YORK — Michael Kors has set his sights on Rodeo Drive as well as expanding his collection business along the way.

The designer is looking at locations on the luxury retail strip of Beverly Hills to open his second U.S. collection store sometime next year, said Allison Ryba, who joined Michael Kors LLC in May as interim president. In an interview, Ryba outlined the company’s new retail strategy since it was acquired by Lawrence Stroll and Silas Chou through their company, Sportswear Holdings Limited, on Jan. 30.

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