By  on August 7, 2019

A number of fashion brands have issued stark warnings that they will be forced to raise prices if the administration pulls the trigger on its plan to introduce yet more tariffs next month.

Michael Kors will not be among them. Its parent company Capri Holdings Ltd., which also owns Versace and Jimmy Choo, made a defiant stand Wednesday, stating that it would not raise the cost for customers in the wake of tariffs.

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