Capri Holdings
Michael Kors and other affordable luxury giants succumb to challenges in China
Part one of exploring the affordable luxury dilemma in China and how industry giants like Tapestry and Capri Holdings are adapting. Read More
Tapestry acquires Capri Holdings in a $8.5B merger that will rival LVMH, increase presence in China
The Tapestry-Capri Holdings merger is positioned as a direct challenge to European luxury conglomerates LVMH and Kering, which have long dominated the luxury market. Read More
K-pop star Dahyun joins as Michael Kors global ambassador. Will it boost owner Capri Holdings’ revenue?
As the luxury industry outlook darkens on China’s uneven recovery and faltering spending in the US, Michael Kors seeks to boost revenue in Asia. Read More
Nike, Lululemon sales rise in China while luxury spending sputters in the US
From Versace to Nike, luxury and sportswear brands alike are reporting promising sales growth in China. However, the same cannot be said about their performance in North America. Read More
After Kering And Prada, Capri Holdings Executives Tour China
In a sign of growing confidence in China, international luxury brand executives are beating a path to the country’s door following the lifting of travel restrictions. Read More
JD.Com, Anta Beat Industry Rivals While Capri Gives Conservative Outlook
Despite being hit by COVID-19 disruptions, JD.com managed to outpace China’s retail industry and invite a flurry of luxury brands to its platform. Read More
Capri, Nike Temper Q1 Forecast As China Remains Uncertain
COVID-19 headwinds in China continue to deal blows to bottom lines. How have the biggest companies navigated these obstacles? Read More
China Global Luxury Index Reaches Its Highest Level Ever
Not only have luxury companies rebounded from the pandemic, they now have surpassed their pre-pandemic highs. But who were April’s winners? Read More
Will Versace’s China Offensive Pay Off?
Italian powerhouse Versace has stepped up its China offensive with two events at Shanghai Fashion Week. But will it win fans? Read More
China, Once Again, To The Rescue For Capri Holdings
Backed by Michael Kors, Jimmy Choo, and Versace, Capri Holdings announced its third-quarter fiscal 2021 results, with China recording double-digit growth. Read More
