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Capri revenue falls sharply as hopes of a Tapestry merger dim

Retail Dive LogoRetail Dive1w 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.

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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)

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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 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 525 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Retail Dive

News ID: 23522193

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About Retail Dive

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Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 4 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 13 hours 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

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The story "Capri revenue falls sharply as hopes of a Tapestry merger dim" was covered 1 weeks ago by Retail Dive, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 4 news stories per day.

It's most recent story was published 13 hours ago.

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  • URL: https://beamstart.com/news/capri-revenue-falls-sharply-as-17313468779975

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