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Friday, November 27, 2020

Bloomberg Stephanie Wong

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Michael Kors, Ralph Lauren hit hard by stores’ discounting binge

As retailers rely more heavily on promotions to drive traffic, Michael Kors Holdings and Ralph Lauren have been two of the biggest victims.The brands...

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Venezuela judge convicts 6 American oil execs, orders prison

By SCOTT SMITH ASSOCIATED PRESSCARACAS, Venezuela (AP) — Six American oil executives held for three years in Venezuela were found guilty of corruption charges...