BY DANA MATTIOLI AND JOAN E. SOLSMAN
Michael Kors Holdings Ltd. continued to post strong growth in its most recent quarter, even in crisis-weary Europe, where it had trouble getting enough of its luxury apparel and accessories to customers.
The company’s sales at European stores that have been open at least a year rose by 14%, as it gained market share in accessories, footwear and apparel markets there, Chief Executive John Idol said. While that is slower than the 34% growth in Europe in the previous quarter and the 37% increase in North America in the latest period, Mr. Idol indicated the deceleration was due to inventory …