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
London’s newest higher education fashion academy, founded by professor Jimmy Choo and Stephen Smith, the JCA London Fashion Academy will officially open its doors in September. With a ‘learning by doing’ approach the academy wants to develop the next wave of global fashion designers. Time to learn everything about the JCA London Fashion Academy....
Jul 12, 2021
Luxury accessories brand Jimmy Choo has launched its first beach capsule collection, offering swimwear for the first time. Jimmy Choo’s new collection recalls a colorful and degraded sunset, with sherbet shadows throughout the pieces, including flip-flops, a light canvas shoe, bags, and accessories such as an oversized beach towel. The swimsuits...
Jun 17, 2021
Michael Kors parent company Capri Holdings managed to narrow its losses in the fourth quarter of the year despite revenue remaining flat, as revenue for all three of its luxury houses beat expectations. The luxury fashion group, which also owns brands Jimmy Choo and Versace, reported a net loss of 183 million dollars for the three months ended...
May 27, 2021
London’s newest higher education fashion academy, founded by professor Jimmy Choo, the JCA | London Fashion Academy has launched its scholarship scheme to support the next generation of fashion designers. TheJCA| London Fashion Academy opens in September offering fashion design courses that combine the latest teachings in contemporary design...
May 24, 2021
The Spring Summer 2021 Jimmy Choo Women’s Eyewear Collection introduces new sunglasses and optical frames, designed for the confident, sophisticated and subtle Jimmy Choo women who dares to stand out. LIGHT & CRYSTAL This collection of sunglasses and optical frames exudie a modern and seductive elegance, combining lightness with the refined...
Apr 8, 2021
Michael Kors parent company Capri Holdings beat Q3 earnings estimates on Wednesday and marked its second consecutive profit-making quarter. The luxury fashion group, which also owns brands Jimmy Choo and Versace, reported net income of 179 million dollars, a 14.8 percent drop compared to Q3 2019. For the three months ended 26 December, total...
Feb 3, 2021
Luxury footwear designer Jimmy Choo has announced that he is launching a new fashion academy in London to offer a “fresh and transformative take on fashion higher education”. Located in London’s Mayfair, the JCA | London Fashion Academy will offer the next generation of fashion design talent courses that combine the latest teachings in...
Jan 20, 2021
Luxury brand, Jimmy Choo, has launched its collaboration with outdoor lifestyle brand, Timberland. The inspiration behind the collaboration was to blend Timberland’s timeless look with Jimmy Choo’s distinctive style to create off-duty glamour, featuring beauty mogul, Kristen Noel Crawley, and model, Evan Mock, in the campaign. The...
Sep 9, 2020
Luxury fashion group Capri Holdings has named Hannah Colman as the new CEO of Jimmy Choo. Colman, who has been serving as interim CEO, joined Jimmy Choo 24 years ago as a store manager in the first boutique on Motcomb Street, London, making her one of the label’s earliest employees. Since then, she has held several roles including most recently...
Sep 2, 2020
Capri Holdings Limited’s total revenue of 451 million dollars decreased 66.5 percent for the first quarter, while on a constant currency basis, total revenue decreased 66.2 percent. Gross profit was 302 million dollars and gross margin was 67 percent compared to 834 million dollars and 62 percent in the prior year. Adjusted gross profit was 303...
Aug 5, 2020
Capri Holdings Limited has said that its fourth quarter revenue declined 11.3 percent to 1,192 million dollars, while full year revenues increased by 6 percent to 5,551 million dollars. The company’s fourth quarter net loss was 551 million dollars or 3.69 dollars per diluted share compared to net income of 19 million dollars or 13 cents per...
Jul 1, 2020
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