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Michael Kors and Versace parent Capri Holdings raises revenue forecast

Versace and Michael Kors parent Capri Holdings Ltd on Friday raised its annual revenue forecast from 5.2 billion dollars to 5.3 bn dollars. The US-based conglomerate navigated the pandemic like most luxury giants, seeing a positive growth in sales of its accessories and ready-to-wear collections at the start of 2021. The company said revenue was...

Jul 30, 2021