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Capri Holdings Ltd Says On June 25 Entered Into An Amendment To Third Amended And Restated Senior Unsecured Credit Facility
Capri Holdings Ltd - Expects To Significantly Reduce Capital Expenditures In Fiscal 2021
Capri Holdings Enters Amendment To Restated Senior Unsecured Credit Facility
Capri Holdings Limited, formerly Michael Kors Holdings Limited ,is a designer, marketer, distributor and retailer of branded women's apparel and accessories and men's apparel bearing the Michael Kors tradename and related trademarks MICHAEL KORS, MICHAEL MICHAEL KORS, and various other related trademarks and logos. The Company operates through three segments: retail, wholesale and licensing. The Retail operations consist of collection stores and lifestyle stores, including concessions and outlet stores, located primarily in the Americas (the United States, Canada and Latin America), Europe and Asia, as well as e-commerce. Wholesale revenues are principally derived from major department and specialty stores located throughout the Americas, Europe and Asia. The Company licenses its trademarks on products, such as fragrances, beauty, eyewear, leather goods, jewelry, watches, coats, men's suits, swimwear, furs and ties, as well as through geographic licenses.
John D. Idol
Chairman of the Board, Chief Executive Officer
Thomas J. Edwards
Chief Financial Officer, Chief Operating Officer, Executive Vice President, Treasurer
Krista Ann McDonough
Senior Vice President, General Counsel
Senior Vice President - Global Operations
M. William Benedetto
Lead Independent Director
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Michael Kors owner Capri Holdings Ltd on Wednesday estimated a stunning 70% drop in first-quarter revenue as the COVID-19 pandemic hammered demand for its luxury handbags and dresses.
Michael Kors owner Capri Holdings Ltd on Wednesday forecast a larger-than-expected 70% drop in first-quarter revenue and "significant" losses, as the COVID-19 pandemic hammers demand for its luxury handbags and dresses.
Michael Kors owner Capri Holdings Ltd said on Monday it would furlough all its 7,000 employees in North America amid the coronavirus pandemic, as it expects to reopen its stores only after June 1.
Michael Kors owner Capri Holdings Ltd <CPRI.N> said on Monday it would furlough all its 7,000 employees in North America amid the coronavirus pandemic, as it expects to open its stores only after June 1.
Michael Kors owner Capri Holdings Ltd cut its forecasts on Wednesday as it warned of a $100 million hit to revenue due to the coronavirus outbreak in China, which has led to 150 store closures and travel restrictions on high-spending tourists.
Michael Kors owner Capri Holdings Ltd on Wednesday warned of a $100 million hit to its full-year revenue from the coronavirus outbreak in China, as it closed 150 stores in one of the most important markets for luxury fashion labels.
Capri Holdings Ltd blamed a controversy around a Versace T-shirt that labeled Hong Kong and Macau as countries for denting the luxury label's sales in China, adding it would now take a "very cautious" approach to its business in the country.
Michael Kors owner Capri Holdings Ltd reported a 7.8% fall in second-quarter adjusted net income on Wednesday, blaming higher expenses and protests in Hong Kong.
Michael Kors-owner Capri Holdings Ltd has no plans to raise prices even if tariffs on Chinese imports go up to 25%, Chief Executive Officer John Idol said on Wednesday.
Capri Holdings Ltd 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.
Capri Holdings Ltd posted quarterly revenue below analysts' estimates on Wednesday, hurt by lower sales at its Michael Kors retail stores.
Capri Holdings Ltd forecast current-quarter profit below estimates on Wednesday as it plans to invest heavily in its luxury brand, Versace, while battling weak demand in its Michael Kors business, sending its shares down 10%.
Capri Holdings Ltd, formerly Michael Kors, reported slightly higher-than-expected quarterly revenue on Wednesday, helped by its recently acquired Versace brand and demand for Jimmy Choo stilettos.
Capri Holdings Ltd, formerly Michael Kors, on Wednesday raised its 2019 sales expectations and forecast strong growth in coming years, pinning its hopes on Versace, a brand it bought to forge a stronger luxury identity like its European peers Louis Vuitton and Gucci.
Capri Holdings Ltd, formerly Michael Kors, reported holiday-quarter revenue on Wednesday that fell short of Wall Street estimates, hurt by lower sales at its retail stores.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.