BEAMSTART Logo

Capri revenue falls sharply as hopes of a Tapestry merger dim

Retail Dive LogoRetail Dive3d ago

Capri revenue falls sharply as hopes of a Tapestry merger dim - Retail Dive

Quick Summary:

Jimmy Choo saw single-digit growth, while the company attributed second quarter declines at Versace and Michael Kors to soft luxury demand.

So, management needs to own this ongoing failure to drive the sales line.

Parent company Capri saw a 16.4% revenue decline in the second quarter of 2025.Michael M.

More Pictures

Capri revenue falls sharply as hopes of a Tapestry merger dim - Retail Dive (Picture 1)Capri revenue falls sharply as hopes of a Tapestry merger dim - Retail Dive (Picture 2)Capri revenue falls sharply as hopes of a Tapestry merger dim - Retail Dive (Picture 3)Capri revenue falls sharply as hopes of a Tapestry merger dim - Retail Dive (Picture 4)

or

Article Details

Author / Journalist: Lara Ewen

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 10:38:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23522193

View Article Analysis

About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Capri revenue falls sharply as hopes of a Tapestry merger dim" has 525 words across 16 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Capri revenue falls sharply as hopes of a Tapestry merger dim" was covered 3 days ago by Retail Dive, a news publisher based in United States.

How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23522193
  • URL: https://beamstart.com/news/capri-revenue-falls-sharply-as-17313468779975

More News from Retail Dive

Latest Jobs

More Economy News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.