Versace and Jimmy Choo Owner Capri Holdings Reports 16% Drop in Revenue

Capri Holdings - the parent company of Michael Kors, Versace and Jimmy Choo - has reported a 16.4% decrease in revenue for the second quarter of the 2025 fiscal year. The company's revenue dropped to $1.08 billion USD, falling across retail and wholesale sales.While revenue at Jimmy Choo increased by around 6% from the same quarter last year, Versace's revenue dropped by 28.2%, clocking in at $201 million USD for the quarter. Michael Kors, meanwhile, reported a revenue of $738 million USD, down ...