Capri Holdings Limited

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Major brands linked to "union-busting" factories Hannah Abdulla | 5 Aug 20

A number of factories producing garments for several major apparel brands have been accused of exploiting the coronavirus pandemic as an opportunity to sack workers affiliated to unions.

Retailers begin to outline store reopening plans – Update just-style | 16 Jun 20

Debenhams, Brooks Brothers, and J.Crew Group are among the latest apparel brands and retailers to outline reopening plans after stores and online operations were closed temporarily worldwide as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak.

Global retail staff and salary reductions amid Covid-19 – Update just-style | 1 May 20

As the impact of the coronavirus pandemic spreads across the apparel and footwear industry, brands and retailers are moving from store closures to worker lay-offs or furloughs, as well as executive pay cuts. Here are the latest:

Global retail closures as coronavirus spreads – Update just-style | 15 Apr 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 

Coronavirus to cost Michael Kors owner US$100m in lost sales Hannah Abdulla | 6 Feb 20

Capri Holdings, owner of the Michael Kors and Jimmy Choo brands, has sounded a warning on its full-year results in the wake of the coronavirus outbreak.

Michael Kors owner acquires first factory Hannah Abdulla | 17 Dec 19

Capri Holdings, the owner of brands including Michael Kors and Jimmy Choo, is to acquire its first manufacturing facility.

Michael Kors Holdings changes name to Capri Leonie Barrie | 2 Jan 19

Luxury group Michael Kors Holdings has has changed its name to Capri Holdings Limited after completing its acquisition of Italian fashion house Versace.

Michael Kors eyes US$8bn group sales with Versace buy Beth Wright | 25 Sep 18

Michael Kors has confirmed it is to acquire Italian luxury fashion house Versace for US$2.12bn in a move that is expected to help grow group revenues to US$8bn and will see the group change its name to Capri Holdings Limited.

Michael Kors adopts fur-free policy Beth Wright | 18 Dec 17

Luxury lifestyle brand Michael Kors has announced it will no longer use animal fur in its products, with production being phased out by the end of December 2018.

Top stories this week on just-style... Beth Wright | 28 Jul 17

Top stories this week on just-style include a plan to accelerate apparel exports to the US from El Salvador, attempts to ease increasing congestion at Bangladesh's Chittagong port, VF Corp CEO Steven Rendle taking on the additional role of chairman amid second-quarter gains, and the acquisition by Michael Kors of Jimmy Choo for US$1.2bn.

Michael Kors acquires Jimmy Choo in US$1.2bn deal Hannah Abdulla | 25 Jul 17

Luxury shoe maker Jimmy Choo has been acquired by fashion brand Michael Kors in a US$1.2bn cash deal that signals further consolidation in the luxury lifestyle sector.

Michael Kors to close up to 125 stores as it moves to loss Michelle Russell | 31 May 17

Luxury lifestyle brand Michael Kors has said it will close up to 125 stores in a bid to improve profitability, after moving to a net loss in its fourth-quarter on the back of falling sales.

Michael Kors appoints Edwards as finance chief Michelle Russell and Beth Wright | 18 Apr 17

Luxury lifestyle brand Michael Kors has appointed Thomas Edwards as chief financial officer, to take over from the retiring Joseph Parsons.

Michael Kors delivers "disappointing" Q2 Michelle Russell | 11 Nov 16

Luxury lifestyle brand Michael Kors has posted what analysts have described as disappointing second-quarter numbers as earnings fell and the company cut its revenue and profit forecast for 2017.

Michael Kors "pleased" with Q3 despite profit drop  Katie Smith | 4 Feb 16

Luxury lifestyle brand Michael Kors has said it is "pleased" with its third-quarter trading performance after sales were bolstered by strong growth in Japan, but profit slipped 3%. 

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