Shares of Capri Holdings, the parent company of Michael Kors, Versace, and Jimmy Choo, had reported its third quarter financial results this week. For the three-month period ending Dec. 26, total company revenues decreased 17 percent to $1.3 billion, down from $1.5 billion the same time last year. Net profits were $178 million, compared with … Continue reading “Michael Kors Parent Capri Holdings Reports an Earnings Beat”
Tag: jimmy choo
Company News
Parent Company of Jimmy Choo and Michael Kors Tops Earnings Expectations
While coronavirus may have impacted sales for Capri Holding Ltd., the parent company of Versace,…
August 6, 2020
Luxury
Michael Kors Shares Explode After Higher Guidance for 2018
Shares of Michael Kors stormed ahead in Monday trading after the company reported its second…
November 6, 2017
Luxury
Michael Kors Agrees to Buy Jimmy Choo For $1.2 Billion
Luxury shoemaker Jimmy Choo is going to have a new owner. It seems Michael Kors…
July 25, 2017
Luxury
Jimmy Choo Just Put Itself Up For Sale
The German billionaire Reimann family, which control JAB Holding, and own a 67.6% stake in…
April 24, 2017