Business

Retailers Add Back 258,300 Jobs With Big Gains at Specialty Stores

clock August 7, 2020Evan Clark

Fashion

#BLM in Italy: Stella Jean Feels Lack of Support

clock August 7, 2020Alessandra Turra

Beauty

Beauty’s Creative Professionals During the Coronavirus Pandemic

clock August 7, 2020Jennifer Weil and Sandra Salibian and James Manso

Capri Holdings

The Michael Kors flagship in Paris.

Financial

Revenues Slide 66.5 Percent at Capri, Loss Totals $180 Million

That’s on top of the $551 million the retailer lost last quarter. 

clock August 5, 2020Kellie Ell

Versace store Milan Italy

Financial

Michael Kors, Versace Parent Company Anticipates 70 Percent Dip in Revenues

That’s on top of the $551 million profit loss last quarter.

clock July 1, 2020Kellie Ell

A sandal from the Jimmy Choo spring 2020 collection.

Financial

Capri Logs $551 Million Loss

Impairment changes on the Jimmy Choo brand hit the company’s bottom line hard.

clock July 1, 2020Evan Clark

Michael Kors store

Retail

Michael Kors, Versace Parent Company Slowly Reopening Stores

The fashion house hopes to have the majority of its retail fleet open by July.

clock May 28, 2020Kellie Ell

The COVID-19 crisis is expected to supercharge dealmaking in fashion.

Mergers and Acquisitions

Searching for a Deal in a Coronavirus World

The shutdown might make for some big fashion combinations that were only dreamed of before COVID-19.

clock April 30, 2020Evan Clark

Jennifer Lopez Versace

Markets

Capri Holdings Releases First Group-Wide Corporate Social Responsibility Strategy

The company pledges net zero emissions and 100 percent renewable energy by 2025.

clock April 22, 2020Lisa Lockwood

Michael Kors store

Designer and Luxury

Ralph Lauren, Capri Move to Cut Costs in Wake of Coronavirus

Capri said it was furloughing 7,000 in-store associates in North America and the new timeline for its store reopenings is closer to June 1.

clock April 7, 2020Lisa Lockwood and Kellie Ell

Versace store Milan Italy

Financial

Michael Kors, Versace Parent Company Will Keep Stores Closed Until June 1

In the meantime, roughly 7,000 employees in North America across the Michael Kors, Versace and Jimmy Choo brands will be furloughed, effective April 11.

clock April 6, 2020Kellie Ell

John Idol (left) and Michael Kors.

Business Features

Capri Joins Battle Against COVID-19

The fashion group is donating more than $3 million across its three brands.

clock April 1, 2020Bridget Foley

Michael Kors

Fashion Features

Bridget Foley’s Diary: The COVID-19 Impact Michael Kors Is Optimistic But Nervous, Too

Positive thinking has long worked for Kors. He’s not about to surrender now.

clock March 23, 2020Bridget Foley

Fashion Scoops

Capri, Valentino Confirm Store Closures

The fashion continues with more luxury-brand closures.

clock March 19, 2020Bridget Foley

Pierre Denis and Sandra Choi

Human Resources

Pierre Denis Steps Down as CEO of Jimmy Choo After 8 Years

Denis, who took Jimmy Choo public and later helped with the sale to Capri Holdings, will be leave the business at the end of May.

clock February 27, 2020Samantha Conti

coronavirus

Government and Trade

Supply Chain Coronavirus Questions Loom

The impact on sales in China is getting all the attention, but another worry looms.

clock February 6, 2020Sindhu Sundar and Evan Clark

For spring, the Michael Kors Collection ad campaign was photographed by Inez van Lamsweerde and Vinoodh Matadin. Shot on the grounds of a Beverly Hills estate, the campaign features models Ugbad Abdi and Rianne Van Rompaey. “My spring collection is a celebration of the best of American style,” said Michael Kors. “The Collection campaign focuses on a mix of ease and glamour that is inherently American, and the layers of sophistication, irreverence and romance found in the images complement that juxtaposition.” Crisply tailored separates and soft romantic dresses are featured. The global campaign breaks this month, with print ads running in spring issues worldwide. The images will also appear in digital outlets, as well as social media platforms and traditional outdoor media placement. — Lisa Lockwood

Financial

Versace, Choo Parent Sees $100M Hit From Coronavirus

The two brands performed well in the quarter, but Michael Kors continued to lag.

clock February 5, 2020Kellie Ell

Versace michael kors

Designer and Luxury

Versace to Open New Flagships in Paris and London

Both stores will open in fall 2020.

clock January 16, 2020Lisa Lockwood

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Louis Vuitton Men's Show Pulls 85 Million Views in China

clock August 7, 2020Joelle Diderich and Miles Socha

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