Capri Holdings Limited is a global fashion luxury group that encompasses iconic brands such as Versace, Jimmy Choo, and Michael Kors. The company's mission is to empower self-expression through its diverse portfolio of luxury products, including apparel, accessories, and footwear. Capri Holdings employs a multi-channel strategy, focusing on both direct-to-consumer and wholesale distribution to enhance brand accessibility and customer engagement. With a commitment to sustainability and innovation, Capri Holdings aims to drive growth while maintaining its heritage of craftsmanship and quality in the competitive luxury market.

CAPRI HOLDINGS LTD

Michael Kors, the largest brand under Capri Holdings, has been facing significant challenges amidst a broader strategic overhaul. Capri Holdings, which also owns famed luxury brands Versace and Jimmy Choo, is reportedly considering selling these brands to focus on revitalizing Michael Kors. Following a substantial 16.4% revenue decline in the...

Capri Holdings Explores Sale of Michael Kors and Other Brands Amid Revenue Decline and Strategic Restructuring Efforts

Capri Holdings is navigating a turbulent landscape as it considers selling its luxury brands to focus on revitalizing Michael Kors amidst a significant revenue decline. With the luxury sector in flux, can Capri's strategic overhaul turn the tide for one of its most recognized brands?