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Capri Holdings information


Capri Holdings Limited
FormerlyMichael Kors Holdings Limited
Company typePublic
Traded as
  • NYSE: CPRI
  • S&P 400 component
ISINVGG1890L1076
IndustryFashion
Founded1981; 43 years ago (1981)
FounderMichael Kors
Headquarters
Executive offices: London;[1] Operations offices: New York
Area served
Worldwide
Key people
  • John D. Idol (Chairman and CEO)
Products
  • Apparel
  • handbags
  • footwear
  • watches
  • accessories
RevenueDecrease US$5.62 billion (2023)
Operating income
Increase US$3.05 billion (2023)
Net income
Decrease US$619 million (2023)
Total assetsDecrease US$7.3 billion (2023)
Total equityDecrease US$1.85 billion (2023)
Number of employees
15,500 (2023)
Subsidiaries
  • Versace
  • Jimmy Choo
  • Michael Kors
Websitecapriholdings.com
A Michael Kors retail store in Rehoboth Beach, Delaware

Capri Holdings Limited (formerly Michael Kors Holdings Limited) is a multinational fashion holding company, incorporated in the British Virgin Islands,[2] with executive offices in London[2] and operational offices in New York. It was founded in 1981 by American designer Michael Kors.[3] The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1,500 in-store boutiques in various countries.[4][5]

Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Capri is presently undergoing an acquisition by Tapestry, owner of Coach New York and Kate Spade, which if approved by regulators, would buy Capri for $8.5 billion.[6][7]

  1. ^ "Capri Holdings Investor FAQs". Retrieved June 7, 2020.
  2. ^ a b "Capri Holdings Limited - Overview". www.capriholdings.com.
  3. ^ "Shares of Michael Kors as Hot as Its Wares". The New York Times. February 14, 2012. Retrieved January 4, 2015.
  4. ^ "Michael Kors plans rapid expansion with 45 more North American stores". FierceRetail. Retrieved January 4, 2015.
  5. ^ "Michael Kors Dubai". malloftheemirates.com. Archived from the original on February 13, 2014. Retrieved June 1, 2016.
  6. ^ Fonrouge, Melissa Repko,Gabrielle (August 10, 2023). "Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion". CNBC. Retrieved August 10, 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. ^ Venugopal, Aishwarya (August 10, 2023). "Coach owner's Michael Kors deal creates US giant to take on European luxury rivals". Reuters. Retrieved August 10, 2023.

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