Michael Kors
Capri on growing mode
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
Capri on the way to achieving full LWG certified sourcing
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
Capri raises full-year outlook
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
Capri announces flat revenue
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%
Michael Kors appoints new President for the EMEA region
The American-founded brand announced the appointment of Robin Gendron as its new President for the Europe, Middle East and Africa region. Michael Kors is one of the brands of the Capri Holdings portfolio
Revenue and earnings exceed expectations at Capri
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
Capri with 70% plunge in first quarter sales
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%
China: Jimmy Choo returns to last year sales levels
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
Capri gives update regarding phased reopening of global stores
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
Capri issues statement regarding Covid-19
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
Capri cuts forecast as it expects to take the hit from coronavirus
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
Capri is in growth mode
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
Capri announces quarter results
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
Capri Holdings completes acquisition of Versace
Capri Holdings Limited, a global fashion luxury group, announced it has changed its name from Michael Kors Holdings Limited, and from today its New York Stock Exchange ticker symbol will be CPRI. The company also confirmed it has completed the acquisition of Versace
Michael Kors results surpass expectations
Second quarter results for the Michael Kors Group exceed expectations. While the Michael Kors brand performed flat compared to the prior year, Jimmy Choo results were better than anticipated-
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