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Capri Holdings

Luxury

Capri Misses Profit Estimates as Hong Kong Protests Hurt Versace Sales

The group, which also owns Michael Kors and Jimmy Choo, said it expects third-quarter revenue of $1.53 billion, below analysts' average estimate of $1.60 billion.

Luxury

Capri Misses Profit Estimates as Hong Kong Protests Hurt Versace Sales

The group, which also owns Michael Kors and Jimmy Choo, said it expects third-quarter revenue of $1.53 billion, below analysts' average estimate of $1.60 billion.


Luxury

Luxury’s Addiction to China Leaves It Exposed

This month, the SLI tumbled in the face of deteriorating trade talks between China and the US, compounded by a devaluation of the yuan and continued pro-democracy protests in Hong Kong.

Luxury

Luxury’s Addiction to China Leaves It Exposed

This month, the SLI tumbled in the face of deteriorating trade talks between China and the US, compounded by a devaluation of the yuan and continued pro-democracy protests in Hong Kong.


Retail

Worried About Tariffs and a Recession? It's Not Time to Panic. Yet.

Investors are worried about a toxic mix of problems, from upcoming tariffs on Chinese imports to a potential recession. Analysts see these fears as premature — especially if retailers take the right steps to protect themselves.

Retail

Worried About Tariffs and a Recession? It's Not Time to Panic. Yet.

Investors are worried about a toxic mix of problems, from upcoming tariffs on Chinese imports to a potential recession. Analysts see these fears as premature — especially if retailers take the right steps to protect themselves.


News & Analysis

China’s Online Army Shows Foreign Brands Who’s in Charge

Global luxury brands are at risk of losing Chinese consumers, who account for at least a third of current luxury sales and two-thirds of the industry’s growth.

News & Analysis

China’s Online Army Shows Foreign Brands Who’s in Charge

Global luxury brands are at risk of losing Chinese consumers, who account for at least a third of current luxury sales and two-thirds of the industry’s growth.


Luxury

Capri Cuts Sales Forecast as Michael Kors Demand Slows

While the move to sell more at full price drove a better-than-expected quarterly profit, it took a toll on Kors' store traffic, with same-store sales falling in the low single digits.

Luxury

Capri Cuts Sales Forecast as Michael Kors Demand Slows

While the move to sell more at full price drove a better-than-expected quarterly profit, it took a toll on Kors' store traffic, with same-store sales falling in the low single digits.


Luxury

Will Cavalli Be Able to Pull Off a Versace?

With a deal to buy the beleaguered Italian house imminent, it's unclear whether Roberto Cavalli can deliver a return in a rapidly changing fashion market.

Luxury

Will Cavalli Be Able to Pull Off a Versace?

With a deal to buy the beleaguered Italian house imminent, it's unclear whether Roberto Cavalli can deliver a return in a rapidly changing fashion market.


News & Analysis

Versace Plans to Open Dozens of Stores a Year to Meet $2 Billion Goal

The fashion holding company plans to double Versace's annual sales by reshuffling its product strategy.

News & Analysis

Versace Plans to Open Dozens of Stores a Year to Meet $2 Billion Goal

The fashion holding company plans to double Versace's annual sales by reshuffling its product strategy.


Financial Markets

When Retailers Lose the Thread a $2.7 Billion Wipeout Ensues

Canada Goose, Abercrombie & Fitch and Capri Holdings posted historic stock declines this week, together erasing about $2.7 billion in market capitalisation.

Financial Markets

When Retailers Lose the Thread a $2.7 Billion Wipeout Ensues

Canada Goose, Abercrombie & Fitch and Capri Holdings posted historic stock declines this week, together erasing about $2.7 billion in market capitalisation.


News & Analysis

Higher Spending Dampens Forecast for Michael Kors Owner Capri

The company, which is banking on the popularity of Jimmy Choo and Versace to offset weakness at Michael Kors, has been investing in new stores, event sponsorships and promotional contracts with movie stars.

News & Analysis

Higher Spending Dampens Forecast for Michael Kors Owner Capri

The company, which is banking on the popularity of Jimmy Choo and Versace to offset weakness at Michael Kors, has been investing in new stores, event sponsorships and promotional contracts with movie stars.


Luxury

The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now

This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.

Luxury

The Plan to Turn Versace and Michael Kors Into 'America's LVMH' Begins Now

This week, everyone will be talking about Capri Holdings' plans for Michael Kors and Versace, Serena Williams and Roger Federer at the French Open and the start of swimwear season. Read our BoF Professional Cheat Sheet.