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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Michael Kors owner Capri’s CFO to join Macy’s as finance head

By Reuters Published April 1, 2025 Capri Holdings’ finance and operations head, Thomas Edwards, will leave the U.S. luxury holding company to assume similar roles at department store chain Macy’s. See catwalkVersace – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight At Macy’s, Edwards, who will join in June, will help strengthen […]

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Tapestry lifts 2024 profit forecast on China demand rebound, strong margins

By Reuters Published Feb 9, 2024 Coach parent Tapestry raised its annual profit forecast on Thursday, betting on full-price sales of its premium handbags and early signs of a demand recovery in key market China. See catwalkCoach – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics Tapestry’s shares closed 6.5% higher after […]

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Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal

By Bloomberg Published Jan 10, 2024 Bill Gross is sticking with his wager on Capri Holdings Ltd. even as traders worry that a proposed takeover of the Michael Kors parent won’t win regulatory approval. See catwalkMichael Kors – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics “I still like CPRI for a […]

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