Capri Holdings is seeking to revive Michael Kors and build on Jimmy Choo’s momentum with new products, marketing and younger shoppers.
Michael Kors revenue fell 8.6 per cent, hit by wholesale timing and $50 million in Asia-linked inventory delays that limited product availability.
Jimmy Choo revenue rose 11.5 per cent; Capri expects revenue to return to growth in the second half of fiscal 2027.
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