Article: KORS TO LAUNCH BETTER SHOES.(Michael Kors)

NEW YORK -- As part of his bid to cash in on the better market, designer Michael Kors will bow a new, lower-priced collection of shoes and accessories for fall '04.

Coinciding with Kors' launch of better men's and women's apparel lines, the new accessories collection -- called "Michael" -- will feature footwear retailing for $99 to $159 as well as handbags and small leather goods expected to sell for $49 to $350.

The company would not comment on whether the new footwear label will be produced in-house or through a licensing agreement. Currently, Kors' pair of footwear lines -- Michael Kors and Kors by Michael Kors -- are produced under a ...

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