Capri aims to revive Michael Kors with lower prices, Amazon e-commerce sales

By Reuters Published April 10, 2025 Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its $1.4 billion sale of Versace to Prada. See catwalkMichael Kors – Fall-Winter2025 – 2026 – […]

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Prada to make a decision on Versace deal this week, source says

By Reuters Published April 6, 2025 Italian luxury group Prada is set to make a decision this week about a potential takeover of smaller rival Versace, a source close to the matter said on Sunday, as the negotiations enter a final phase. See catwalkVersace – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – […]

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Capri sales continue to wane across all brands as soft luxury demand lingers in the Americas

Capri Holdings announced on Thursday revenues fell 5.6% to $1.43 billion for the third quarter, with retail segment sales hurt by softening luxury consumer demand primarily in the Americas. See catwalkVersace – Spring-Summer2024 – Womenswear – Italie – Milan – © Launchmetrics The owner of Michael Kors, Versace and Jimmy Choo brands said total company retail sales declined in […]

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