The fashion luxury group has posted revenue and earnings above expectations in the third quarter of fiscal 2022, raising once again its full year outlook
The group has said in its 2021 corporate social responsibility report that 85% of the leather sourced by its brands came from Leather Working Group (LWG) gold and silver-rated tanneries
The fashion luxury group has reported revenue of 1.3 billion US dollars in the second quarter of fiscal 2022, driven by strong performances of its brands Michael Kors, Jimmy Choo and Versace
The fashion group reported a drop in sales of its Michael Kors brand - in the order of 4% in the fourth quarter. This contrasts with the success of the brands Versace and Jimmy Choo, whose sales increased by 10% and 16%
The London-based group has announced third quarter results marked by a decline in revenue (-17.1%) and in earnings (-14.8%). Notwithstanding, Capri said they are encouraged by earnings meaningfully higher than anticipated
The global fashion luxury group announced its financial results for the second quarter of fiscal 2021. John D. Idol, the Company’s Chairman and Chief Executive Officer, said revenue and earnings surpass the company's expectations
Company veteran Hannah Colman has been nominated as Jimmy Coo's new CEO. She started at the brand 24 years ago, as store manager at the brand's first boutique, in London
During the first quarter Capri' stores were closed roughly 55% of the period. Given the significant store closures, the gradual recovery in revenue and low wholesale shipments, first quarter fiscal revenue should decline by 70%
In a statement giving an updated on the phased reopening of their global stores network, Capri Holdings, the owner of the Jimmy Choo, said sales levels of the brand are returning to normal in China
After taking the hit of the diffusion of Covid-19 and having most stores closed across the world, Capri now has slightly more than half of the company’s global retail fleet of stores open
Given the global diffusion of the Covid-19 Capri, the owner of Jimmy Choo, Versace and Michael Kors, made an announcement to the markets. The company will provide updates later regarding the impact of the pandemic
The owner of Michael Kors, Jimmy Choo and Versace cut its forecasts as it warned of a 100 million US dollars hit to revenue due to the coronavirus outbreak in China
The co-founder of the Jimmy Choo brand has managed to secure funding to expand her namesake brand. Tamara Mellon raised 50 million US dollars for the expansion of the brand
The UK-based group announced double digit growth for fourth quarter's revenue. Capri Holdings is in growth mode and 2020 is expected to be an investment year for the group
A global fashion luxury group, Capri Holdings announced its financial results for the third quarter of fiscal 2019 (ended 29th of December 2018). Good performance marks a quarter in which the Versace acquisition was also completed