Capri news and archive

Capri Holdings reduces quarterly loss despite revenue decline

US fashion group Capri Holdings Limited also suffered a decline in sales in the fourth quarter of the 2025/26 financial year. The company made significant progress in its earnings thanks to extensive reforms. Management is now also forecasting sales growth for the current year. In the final quarter of the past financial year, which ended on...

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Capri Holdings slips into red in second quarter

US fashion group Capri Holdings Limited slipped into the red during the second quarter of its 2025/26 financial year. The company also experienced a decline in revenue. However, the results, published on Tuesday, exceeded management's expectations. In the most recent quarter, which ended on September 27, revenue from continuing operations...

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Capri Holdings returns to profit in first quarter despite revenue decline

US fashion group Capri Holdings Limited exceeded expectations in the first quarter of the 2025/26 financial year. While the company experienced a significant decline in revenue, it reported a profit, unlike the same period last year, due to significantly lower costs. This is evident from the latest results released on Wednesday. In the first...

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Capri Q3 revenues up but warns of 100 million dollar hit from coronavirus

Michael Kors owner Capri Holdings has warned that the coronavirus outbreak in China, which has already prompted the closure of 150 of its 220 stores in the region, could result in a 100 million dollar hit to its revenue. The company, which owns brands Michael Kors, Versace, and Jimmy Choo, made the announcement while releasing its results for...