Posted inAmerica, EDITOR'S CHOICE, LEAD STORY, NEWS
Michael Kors parent group expects fashion watch sales to fall faster than previously anticipated
Capri Holdings, the parent company of Michael Kors, Jimmy Choo and, since September last year, Versace, is moving its portfolio upmarket, and yesterday revealed its most recent quarterly financials, Q3, that beat analyst expectations. However, the group’s CEO John Idol told an investors’ conference call that the only blot on an otherwise impressive report is […]