Accessories and footwear group Capri Holdings has reported revenues of just over $2.1 billion for the first half of its current business year, the six months to September 28. This represents a fall of 14.8% compared to the same period last year.
Revenues for its Michael Kors brand were $1.4 billion, while Versace brought in $420 million. These figures represent declines of 15.2% and 22% respectively. Sales for both accessories brands fell in all regions.
At Capri’s most prominent footwear brand, Jimmy Choo, total revenues for the half-year period were $313 million. This figure represents a slight decline, 0.6%, year on year, but Jimmy Choo sales in Europe went up by 7.2% to reach almost $150 million.
Image: Jimmy Choo.