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 faces significant headwinds as its parent company, Capri Holdings Limited, reported disappointing financial results in its third quarter, concluding in January 2025. Michael Kors' revenue fell by 12.1% year-over-year to $909 million, a reflection of broader challenges in the luxury goods segment. Retail sales dropped in the low-teens...

Michael Kors Faces Revenue Decline Amid Challenges at Parent Company Capri Holdings