Capri Holdings Ltd missed quarterly revenue estimates and cut its full-year sale...
) missed quarterly revenue estimates and cut its full-year sales forecast on Wednesday, as the high-end fashion house struggled with slowing demand for its Michael Kors brand at department stores and at its own retail outlets.
The brand is also rolling back discounts and inventories at its own stores as it looks to drive more full-price sales. Michael Kors revenue decreased 4.8% to $981 million and sales at Jimmy Choo, Capri’s stiletto brand which is also foraying into handbags, fell 8.7% to $158 million in the reported quarter.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Heidi Klum shares first photos from romantic Capri wedding to Tom KaulitzHeidi Klum wedding: see first photos from her wedding to Tom Kaulitz. The couple married in Capri, Italy at the beginning of July
Leer más »
From Capri to Ibiza: Resort Retail Gains MomentumThere has been an increase in demand for luxury items at high-end holiday destinations. 🔐
Leer más »
Heidi Klum shares first photos from romantic Capri wedding to Tom KaulitzHeidi Klum wedding: see first photos from her wedding to Tom Kaulitz. The couple married in Capri, Italy at the beginning of July
Leer más »
From Capri to Ibiza: Resort Retail Gains MomentumThere has been an increase in demand for luxury items at high-end holiday destinations. 🔐
Leer más »