For the second quarter, Inter Parfums, Inc. reported net sales of 244.7 million dollars, up 18 percent compared to the same period last year. Net income for the quarter reached 27.6 million dollars, up 22 percent and diluted earnings per share were 86 cents, an increase of 21 percent against the same quarter last year. Commenting on the second...
Aug 10, 2022
Michael Kors owner Capri Holdings made revenue of 1.36 billion dollars in the first quarter ended July 2, up 8.5 percent compared to last year, or up 15.2 percent on a constant currency basis. Breaking it down by brand, Michael Kors - the group’s biggest label - reported revenue of 913 million dollars, up 4.8 percent on last year. Meanwhile,...
Aug 9, 2022
Jimmy Choo’s JCA | London Fashion Academy has confirmed that it is joining the London Fashion Week line-up in September to showcase Patrick McDowell and its first graduating MA Designers. JCA’s inaugural LFW show will take place on September 16. Designer in residence and sustainability ambassador for the JCA, Patrick McDowell will showcase his...
Jul 26, 2022
Luxury footwear and accessories brand Jimmy Choo has opened a cafe in partnership with Harrods, which will be open for three months until the end of September. ‘Choo Cafe’ is an immersive dining experience located in Harrods shoe department and will offer a menu celebrating the British summertime with fresh strawberries, raspberries, tea and...
Jul 12, 2022
Capri Holdings Limited reported total fourth quarter revenue of 1.492 billion dollars increased 24.6 percent compared to last year. On a constant currency basis, total revenue increased 28.4 percent. On a 13-week basis, total revenue increased 18.8 percent. Net income for the quarter was 81 million dollars or 54 cents per diluted share, compared...
Jun 1, 2022
Luxury fashion group, Capri Holdings, which includes Versace, Jimmy Choo and Michael Kors, has announced that it will donate more than 1 million euros in essential clothing for Ukraine refugees. In a statement, Capri Holdings said that it would donate essential goods, including coats, sweaters and shoes, from its luxury brands through the...
Apr 5, 2022
American luxury group Capri Holdings is expected to raise prices across its portfolio of brands, which include Michael Kors, Versace and Jimmy Choo. The company saw a 24 percent rise in Q4, raising its revenue outlook in response. High demand for fashion has meant a quicker recovery from the pandemic than analysts originally forecasted....
Feb 3, 2022
Luxury fashion group Capri Holdings has upped its full-year profit and revenue guidance following “better than expected” sales at all three of its luxury houses in the third quarter. In the three months to December 25, the group reported revenue of 1.6 billion dollars, up 24 percent compared to a year earlier and also slightly up on pre-pandemic...
Feb 2, 2022
Inter Parfums, Inc. net sales rose to 210.8 million dollars for the three months ended December 31, 2021, a 15 percent increase from the fourth quarter of 2020 and 19 percent ahead of the fourth quarter of 2019. At comparable foreign currency exchange rates, the company said in a release, net sales increased 15 percent from the fourth quarter of...
Feb 1, 2022
Capri Holdings, the parent company of luxury labels Michael Kors, Versace and Jimmy Choo, has upped its full-year revenue and profit guidance after beating expectations in the second quarter of the year. In the three months to September 25 2021, revenue at the group increased 17 percent to 1.3 billion dollars, with “better than expected” results...
Nov 3, 2021
Jimmy Choo has announced a collaboration with artist Eric Haze and fashion designer Poggy on an NFT piece. The NFT, which will be available for auction on the Binance NFT marketplace, features a digital sneaker, rotating against a background of Haze’s signature writing. Alongside the NFT artwork, 8,888 mystery boxes will be available for...
Oct 15, 2021
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
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