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China: Jimmy Choo returns to last year sales levels

Jun 3, 2020 China
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
In Greater China, the company began closing stores in late January 2020. Today, all of the 288 stores in Greater China are open.

In Japan, South Korea and other parts of Southeast Asia, the company began closing stores in February.

Currently nearly 70% of the 210 stores in these areas are open.

In Mainland China, where stores have been open the longest since the end of the Covid-19 related lockdowns, volumes began to gradually build, with sales in April and May approximately flat to last year at Versace and Jimmy Choo, and approximately 80% of prior year levels at Michael Kors for the same period.

Image credits: www.luxebook.in

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