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Capri’s Q2 Revenues Slip, Company Gets Ready for Life Post-Versace
Yahoo Finance· 2025-11-04 23:46
With Versace headed for the exit — through a $1.4 billion sale to Prada — Capri Holdings is turning toward its own future with Michael Kors and Jimmy Choo. And chief executive officer John Idol said the company had more traction in the fiscal second quarter than it did at the start of the year. More from WWD Revenue for the quarter ended Sept. 27 fell 2.5 percent to $856 million. In constant currencies, sales fell 4.2 percent — an improvement from the 7.7 percent logged in the first quarter. Adjusted ...