Michael Kors news and archive

Video: A look at Michael Kors SS26 collection

Experience the Michael Kors's Spring/Summer 2026 womenswear ready-to-wear collection, showcased in New York. Dive into the fashion show with a detailed video featuring Michael Kors bags, shoes, and every runway look.

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Capri Holdings returns to profit in first quarter despite revenue decline

US fashion group Capri Holdings Limited exceeded expectations in the first quarter of the 2025/26 financial year. While the company experienced a significant decline in revenue, it reported a profit, unlike the same period last year, due to significantly lower costs. This is evident from the latest results released on Wednesday. In the first...

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Capri holdings slides deeper into loss zone in fourth quarter

The US fashion group Capri Holdings Limited also suffered significant sales losses in the fourth quarter of the 2024/25 financial year. In addition, the group reported a significantly higher loss. However, the figures, which the company published on Wednesday, were not quite as bad as analysts had expected in the run-up. The current quarterly...

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Jimmy Choo isn’t losing its market appeal, as Capri Holdings considers further growth

The fairytale is over, but the shoe remains with Capri Holdings this time. The ownership of Jimmy Choo stays in the US, at least for now. The label didn’t seem to fit within the ambitions of Prada Group, which does have an industrial plan in the making for Versace. It is a fact that there is speculation that the Jimmy Choo file is still open on...

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Capri reaffirms strategic investments into Michael Kors following Versace sale

Last week, the long-rumoured Prada takeover of Versace was finally confirmed. And, while many began to speculate on what could come from the merging of the two Italian giants, at Versace’s now former owner, US conglomerate Capri Holdings, plans are already seemingly underway for the remnants of its portfolio. Following the announcement of Prada’...

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Michael Kors to close five UK stores as turnover drops

The UK subsidiary of US brand Michael Kors, Michael Kors (UK) Limited, has announced plans to shutter five stores in the next fiscal year as macroeconomic conditions continue to impact consumer spending. The news was revealed in the firm’s latest annual report for the year ended 30 March 2024, filed with the UK’s Companies House. While four...

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Capri Holdings CFO resigns, Rajal Mehta appointed interim successor

Global luxury fashion group Capri Holdings has announced an executive leadership transition. Thomas J. Edwards, Jr., who serves as executive vice president, chief financial officer (CFO), and chief operating officer (COO), will step down from his role on June 20, 2025, to pursue another opportunity. In response, Capri Holdings, the company...

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Video: Michael Kors FW25

See the latest FW25 collection from Michael Kors at New York Fashion Week.

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Versace owner Capri Holdings outlines optimistic financial goals for 2025

For 2025, Capri Holdings, owner of Versace, Jimmy Choo, and Michael Kors, projects 4.4 billion dollars in total revenue. The projection breaks down to 3 billion dollars from Michael Kors, 810 million dollars from Versace, and 600 million dollars from Jimmy Choo. In preparation for its New York City investor day, the company released optimistic...

Fashion

Michael Kors watches and jewellery to remain with Fossil

New York-based designer brand Michael Kors has extended its licensing agreement with the Fossil Group to continue creating its watches and jewellery. The move will see Michael Kors remaining a Fossil Group-licensed brand through 2027. John D. Idol, chairman and chief executive of Capri Holdings Limited and chief executive of Michael Kors, said...

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Capri Holdings promotes Philippa Newman to chief brand and product officer

Capri Holdings, the global fashion luxury group, has announced the immediate promotion of Philippa Newman to chief brand and product officer. This expanded role gives Newman oversight of all product and marketing functions. She will continue to report to John D. Idol, chairman and CEO of Capri Holdings and Michael Kors. Newman brings over 16...

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Capri Holdings Reports Quarterly Loss of $547 Million

As expected, the US fashion group Capri Holdings Limited suffered significant revenue losses in the third quarter of fiscal year 2024/25. Negative one-off effects also resulted in a net loss of more than half a billion US dollars, according to an interim report published by the parent company of the Michael Kors, Versace, and Jimmy Choo brands...