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Commerce

Capri Holdings battles weak end-of-year sales in Americas, Europe

February 9, 2024

As expenses increase and the economy presents mounting challenges, all three of Capri Holdings’ luxury houses, Versace, Jimmy Choo and Michael Kors, took a financial hit. Image credit: Capri Holdings Sales at Versace, Jimmy Choo and Michael Kors all fell during the last three months of 2023. Image credit: Capri Holdings

 

U.S. fashion group Capri Holdings is faced with a pullback from its luxury consumers.

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