Revenues down at Capri Holdings
Luxury group Capri Holdings has reported revenues of just under $2.7 billion for the first nine months of its current financial year, the period ending December 27, 2025. Compared to the same period the year before, this represents a fall of 4.1%.
These figures are adjusted to reflect the sales revenues of two brands, Michael Kors and Jimmy Choo. Capri Holdings completed the sale of the Versace brand to Prada in 2025. Versace’s figures are excluded from its latest financial report.
Revenues at Michael Kors for the more recent nine-month period were $2.2 billion, down by 4.5%. The figures for Jimmy Choo showed revenue of $460 million, a fall of 2.5%.
Chief executive, John Idol, said the group was confident of a return to growth in its 2027 financial year.