Capri Holdings Ltd., the parent company of Jimmy Choo, Michael Kors, and Versace, is expecting to see top-line sales fall another 70% during the current quarter. It was in the fiscal 2020 fourth quarter that the fashion house had reported a whopping $551 million loss. “The COVID-19 pandemic has dramatically impacted the entire world,” John … Continue reading “Parent Company of Versace and Michael Kors Expects 70 Percent Dip in Revenues”
