Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales

The Story

Capri Holdings cut its annual revenue forecast on Wednesday, citing second-quarter ‌inventory delays at its key Michael Kors brand and softer demand for its pricey handbags and accessories due to conflict in the Middle East.

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

Original report

Business of Fashion

Read full story

🌍

Detecting…

Your privacy, your choice

We use cookies to personalise content, analyse traffic and improve your experience. Read our Privacy Policy and Cookie Policy.

Cookie Preferences

We believe privacy is a right, not a trade-off. Choose exactly what you're comfortable with. You can change these any time. Full privacy policy.

Essential Always on

Required for the site to function

Session management, security tokens, login state, and your cookie preference itself. These cannot be turned off. No personal data is shared with third parties.

Analytics Optional

Helps us understand what content you enjoy

We use anonymised analytics (e.g. Google Analytics) to see which articles perform well, how long people spend reading, and where traffic comes from. This helps us write better content. Your IP address is anonymised and no data is sold.

Personalisation Optional

Remembers your preferences across visits

Remembers your reading preferences and recently read articles so we can surface relevant content. All data stays in your browser — nothing is sent to our servers.

Advertising Optional

Used to show relevant ads that support the site

Allows advertising partners to show you ads based on your interests. If you decline, you'll still see ads but they won't be tailored to you. We work with Google AdSense and similar networks. You can opt out globally at youronlinechoices.eu.

You're clearly a fan

Get the best stories in your inbox

Join thousands of readers who get XOTLIST delivered daily. No spam, ever. Unsubscribe anytime.

🔥Daily picks

⚡Breaking first

🎯No spam