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November 04, 2025 - BY Glossy
Capri Holdings signals an accessible luxury reset after Versace sale
Capri Holdings beat operating expectations in Q2 despite a tax hit, as Michael Kors’s full-price comps turned positive and Jimmy Choo’s handbag push gained traction. With Versace’s sale set to close and a $1 billion buyback planned for FY27, the company is betting on a leaner, “fashion luxury” future.
November 04, 2025 - BY Glossy