Capri Holdings Ltd (NYSE: CPRI) is a global luxury fashion company that designs, markets, and sells accessories, footwear, apparel, and related products under three brand segments: Michael Kors, Versace, and Jimmy Choo. Revenue is generated through Company-operated retail stores, e-commerce sites, wholesale distribution to department stores and specialty retailers, and licensing agreements. Michael Kors is the dominant segment, contributing $3.016B of the company's $4.442B total revenue in Fiscal 2025 (fiscal year ended March 29, 2025), with Versace at $821M and Jimmy Choo at $605M. Accessories represented 49.1% of total revenue in Fiscal 2025, followed by footwear at 27.9% and apparel at 13.6%. Licensing revenue contributed 4.5%. The Americas accounted for $2.479B, EMEA $1.296B, and Asia $667M of Fiscal 2025 total revenue. All three segments have experienced declining revenue from Fiscal 2023 through Fiscal 2025. The company leases all retail store facilities under long-term operating leases, with future minimum payments of approximately $1.9B as of March 29, 2025.
Versace: luxury accessories, ready-to-wear, and footwear. Jimmy Choo: women's and men's luxury shoes, handbags, small leather goods, jewelry, scarves, belts, plus licensed fragrance and eyewear. Michael Kors: accessories, ready-to-wear, and footwear distributed across more than 100 countries.
Transactional retail sales through Company-operated boutiques and outlet stores, wholesale sales to department stores and specialty retailers, e-commerce sales, and royalty-based licensing agreements. Licensing revenue was $201M (4.5% of total) in Fiscal 2025.
End consumers of luxury fashion goods across the Americas, EMEA, and Asia. Wholesale customers include multi-brand department stores and specialty retailers globally. No customer concentration disclosed in the excerpts.
Americas: $2.479B (55.8% of Fiscal 2025 revenue). EMEA: $1.296B (29.2%). Asia: $667M (15.0%). All figures for fiscal year ended March 29, 2025.
Peers: Perfect Moment Ltd.
Source: SEC 10-K, filed 2025-05-28
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