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Another five stores กระเป๋าแฟชั่น ราคาถูก 200 said they are planning to discontinue sales of the designer bags in the next few weeks, the note said. It comes a week before Michael Kors Holdings Ltd. KORS, +1.57% reports its fiscal fourth-quarter earnings. We heard from a few managers that more stores would be phasing the brand out by the end of the year because of waning interest from customers, as well as Macys M, +0.17% constant discounting of Kors product, analysts wrote. Other sources said Michael Kors was the number one returned handbag brand because of poor craftsmanship, and they were not surprised Nordstrom was reducing its exposure. The company declined to comment. See also: Amazon is about to overtake Macys as biggest seller of clothing in U.S. Michael Kors KORS, +1.57% shares were up 0.4% in Tuesday trading. Nordstrom JWN, -0.26% shares were down 0.8%.
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