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Capri issues statement regarding Covid-19

Mar 18, 2020 United Kingdom
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
“We are facing an unprecedented global pandemic. Our first priority is to help protect our employees, consumers, partners and communities and to ensure we are doing our part to prevent the spread of Covid-19. I am proud of our team and our partners as they support each other and their communities during this time of uncertainty”, John Idol, the company’s Chairman and Chief Executive Officer.

The company also confirmed that Capri Holdings Limited’s fourth quarter and fiscal 2020 guidance provided earlier in February 2020 did not incorporate the negative impact from Covid-19 beyond China. As such, Capri will provide  further updates on this during its year end Fiscal 2020 earnings call.

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