CPRI

Capri Holdings Limited is a global fashion luxury group owning iconic brands including Versace, Jimmy Choo, and Michael Kors. The company designs, markets, and distributes luxury accessories, footwear, apparel, and related products through wholesale channels, retail stores, and e-commerce. Capri's brands serve diverse luxury consumer segments with Versace positioned in ultra-luxury, Jimmy Choo in luxury footwear and accessories, and Michael Kors in accessible luxury. The company operates stores globally and sells through department stores, specialty retailers, and online platforms. Formed through the acquisitions of Versace and Jimmy Choo by Michael Kors (now Capri Holdings) and headquartered in London, Capri has faced challenges from Michael Kors brand dilution, changing luxury consumer preferences, wholesale channel pressures, and integration complexities. The company's proposed merger with Tapestry (Coach, Kate Spade, Stuart Weitzman) was blocked by regulators in 2024, leaving Capri as an independent company. Capri faces luxury market competition, brand positioning challenges, and the need to revitalize Michael Kors. The company continues to focus on brand elevation, direct-to-consumer growth, digital capabilities, and operational improvements.