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Capri Holdings related news and articles

Affordable luxury brands thrive as high-end labels struggle with price hikes

Affordable luxury brands thrive as high-end labels struggle with price hikes

Ultra-premium luxury brands prices hikes created a lucrative opportunity for more accessible luxury brands.


Affordable luxury goods continue to be a slow-growth category

Affordable luxury goods continue to be a slow-growth category

Tapestry, owner of Coach, is planning a prospective takeover of Capri Holdings, owner of the more affordably priced label Michael Kors.


Spending at Macy’s and other retail stores slows

Spending at Macy’s and other retail stores slows

Plans to cut full-year forecast and increase promotions underway to get rid of excess spring stock at some major department stores.