The US-based luxury group has reported another weak quarterly performance amid weak global demand for luxury goods. Versace suffered the biggest fall, while Jimmy Choo returned to green
Ahead of its acquisition by Tapestry, the US-based luxury company has reported a weak first quarter, blaming it on a slowing global demand for luxury fashion goods
As its ongoing acquisition by Tapestry awaits legal resolution after being blocked by a US regulator, the luxury fashion group reports a disappointing fourth quarter due to weak global demand
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
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
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
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
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
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
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
The company has guaranteed 10 million US dollars for the new foundation. The aim of the initiative is to support equality, wellness and safety for the LGBTQIA+ community
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
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
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