Source: www.reuters.com

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(Reuters) - Michael Kors owner Capri Holdings Ltd raised its full-year revenue forecast on Wednesday, as the company rides a boom in demand for luxury handbags and apparel in the United States and Europe.

The company now forecasts fiscal 2022 revenue of $5.56 billion, compared with its prior estimate of about $5.4 billion.

Reporting by Ananya Mariam Rajesh in Bengaluru; editing by Uttaresh.V