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
Revenue
US$5.62 billion (2023)
Operating income
US$3.05 billion (2023)
Net income
US$619 million (2023)
Total assets
US$7.3 billion (2023)
Total equity
US$1.85 billion (2023)
Number of employees
15,500 (2023)
Subsidiaries
Versace
Jimmy Choo
Michael Kors
Website
capriholdings.com
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]
^"Capri Holdings Investor FAQs". Retrieved June 7, 2020.
^"Shares of Michael Kors as Hot as Its Wares". The New York Times. February 14, 2012. Retrieved January 4, 2015.
^"Michael Kors plans rapid expansion with 45 more North American stores". FierceRetail. Retrieved January 4, 2015.
^"Michael Kors Dubai". malloftheemirates.com. Archived from the original on February 13, 2014. Retrieved June 1, 2016.
^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)
^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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