World Footwear

Michael Kors

Capri’s performance hit by weak consumer demand

Feb 13, 2024 / United Kingdom
The parent company of Versace, Michael Kors and Jimmy Choo continued its downward trend in the third quarter of fiscal 2024, mainly due to slower consumer demand in the Americas region

Capri posts results below expectations

Nov 20, 2023 / United States
The owner of Versace, Michael Kors and Jimmy Choo posted an 8.6% fall in revenue in the second quarter of fiscal 2024, as compared to the same period of last year, will all brands underperforming

Tapestry acquires Capri in 8.5 billion US dollars deal

Aug 10, 2023 / United States
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars

Capri Holdings posts loss in the fourth quarter

Jun 2, 2023 / United States
The owner of Versace, Michael Kors and Jimmy Choo posted a 10.5% decline in revenue and a 34 million USD net loss in the last quarter of fiscal 2023, as compared to the same period last year

Capri Holdings posts revenue decline

Feb 12, 2023 / United Kingdom
The fashion group, which owns Versace, Michael Kors and Jimmy Choo, posted a revenue decline of 6.0% in the third quarter of fiscal 2023, as compared to the same period of last fiscal year

Cedric Wilmotte appointed CEO of Michael Kors

Jan 24, 2023 / United Kingdom
Capri Holdings has announced that Cedric Wilmotte, currently Versace's Chief Operating Officer, will assume the role of Chief Executive Office of Michael Kors, effective 3rd of April

Capri Holdings announces second quarter results

Nov 11, 2022 / United Kingdom
The fashion group, owner of Versace, Michael Kors and Jimmy Choo, reported revenue growth of 8.6% in the second quarter of fiscal 2023, driven by good performances of its three houses

Capri off to a good start

Aug 17, 2022 / United Kingdom
The fashion luxury group, owner of Versace, Jimmy Choo and Michael Kors, reported a 1.36 billion US dollars revenue in the first quarter of fiscal 2023, driven by strong momentum across its brands

Capri aims at an 8 billion USD revenue goal

Aug 2, 2022 / United Kingdom
The group said at an Investor Day that it plans to increase the footwear and accessories sales of Jimmy Choo, Versace and Michael Kors, while also focusing on store growth

Capri with revenue and earnings increase

Jun 3, 2022 / United Kingdom
The luxury fashion group reported that revenue and earnings for the full year of 2022 exceeded expectations. Total revenue amounted to 5.65 billion US dollars

Capri to donate products to aid refugees of the war in Ukraine

Apr 6, 2022 / United Kingdom
The luxury group has announced that it will donate over 1 million euros in essential clothing from Versace, Jimmy Choo and Michael Kors to aid those displaced by the war in Ukraine

Capri on growing mode

Feb 7, 2022 / United Kingdom
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

Dec 22, 2021 / United Kingdom
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

Nov 5, 2021 / United Kingdom
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

May 28, 2021 / United Kingdom
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%
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