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Flat sales for Jimmy Choo but ‘strong brand equity’

14/02/2024
Flat sales for Jimmy Choo but ‘strong brand equity’

Footwear and fashion group Capri, the owner of Jimmy Choo, Versace and Michael Kors, has warned that the group is being affected by slowing demand for luxury goods. Group revenue in the third quarter decreased 5.6% to $1.43 billion. Jimmy Choo revenue of $166 million fell 1.2%, Versace revenue of $227 million decreased 8.8%, and Michael Kors...

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