Michael Kors news and archive

Michael Kors celebrates 45th anniversary with intrinsically New York collection

Michael Kors has long been a cornerstone of New York’s fashion scene and subsequently the city’s fashion week, a heritage that this year the designer honoured in a 45th anniversary celebration for his namesake brand. During NYFW AW26, Kors aptly took on the theme ‘New York Chic’ for his show, which was presented as a runway at The Metropolitan...

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Business

Capri Holdings exceeds Q3 expectations despite revenue decline

US fashion group Capri Holdings Limited experienced a decline in sales during the third quarter of the 2025/26 financial year. However, it successfully returned to profitability. The company's latest results, published on Tuesday, surpassed the expectations of both management and analysts. In the most recent quarter, which ended on December 27,...

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Business

Capri's post-Versace reset: Michael Kors preps 'modern glamour' revival

Capri Holdings officially offloaded Versace this week, marking a “seminal moment” for a company now seeking to reset and refocus. The US fashion giant has maintained its stance that the divestiture is not a retreat, but a liquidity-backed strategic reboot, positioning Michael Kors as its growth engine. Capri’s outlook post-Versace sale was...

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Business

Capri Holdings slips into red in second quarter

US fashion group Capri Holdings Limited slipped into the red during the second quarter of its 2025/26 financial year. The company also experienced a decline in revenue. However, the results, published on Tuesday, exceeded management's expectations. In the most recent quarter, which ended on September 27, revenue from continuing operations...

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Video: A look at Michael Kors SS26 collection

Experience the Michael Kors's Spring/Summer 2026 womenswear ready-to-wear collection, showcased in New York. Dive into the fashion show with a detailed video featuring Michael Kors bags, shoes, and every runway look.

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Retail

Michael Kors refines London presence with smaller Regent Street flagship

Michael Kors’s new Regent Street flagship joins London’s luxury landscape with leaner splendour. The Capri Holdings-owned brand has reimagined a London flagship at 187-191 Regent Street this month, occupying a two-storey space of 848 square metres. The new store reflects a shift in the brand’s posture: pared-down luxury, underplayed glamour,...

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Business

Capri Holdings returns to profit in first quarter despite revenue decline

US fashion group Capri Holdings Limited exceeded expectations in the first quarter of the 2025/26 financial year. While the company experienced a significant decline in revenue, it reported a profit, unlike the same period last year, due to significantly lower costs. This is evident from the latest results released on Wednesday. In the first...

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Business

Capri holdings slides deeper into loss zone in fourth quarter

The US fashion group Capri Holdings Limited also suffered significant sales losses in the fourth quarter of the 2024/25 financial year. In addition, the group reported a significantly higher loss. However, the figures, which the company published on Wednesday, were not quite as bad as analysts had expected in the run-up. The current quarterly...

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Business|Background

Jimmy Choo isn’t losing its market appeal, as Capri Holdings considers further growth

The fairytale is over, but the shoe remains with Capri Holdings this time. The ownership of Jimmy Choo stays in the US, at least for now. The label didn’t seem to fit within the ambitions of Prada Group, which does have an industrial plan in the making for Versace. It is a fact that there is speculation that the Jimmy Choo file is still open on...

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Business

Capri reaffirms strategic investments into Michael Kors following Versace sale

Last week, the long-rumoured Prada takeover of Versace was finally confirmed. And, while many began to speculate on what could come from the merging of the two Italian giants, at Versace’s now former owner, US conglomerate Capri Holdings, plans are already seemingly underway for the remnants of its portfolio. Following the announcement of Prada’...

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Business

Michael Kors to close five UK stores as turnover drops

The UK subsidiary of US brand Michael Kors, Michael Kors (UK) Limited, has announced plans to shutter five stores in the next fiscal year as macroeconomic conditions continue to impact consumer spending. The news was revealed in the firm’s latest annual report for the year ended 30 March 2024, filed with the UK’s Companies House. While four...

People

Capri Holdings CFO resigns, Rajal Mehta appointed interim successor

Global luxury fashion group Capri Holdings has announced an executive leadership transition. Thomas J. Edwards, Jr., who serves as executive vice president, chief financial officer (CFO), and chief operating officer (COO), will step down from his role on June 20, 2025, to pursue another opportunity. In response, Capri Holdings, the company...