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Capri Takes Control of Footwear Supply Chain With Italian Factory Deal

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Capri Holdings is set to acquire the Alberto Gozzi S.r.L. footwear factory in Tuscany, which will produce Jimmy Choo and Versace shoes.
Capri is expected to close on the deal in the first quarter of 2020, after which it will begin producing Jimmy Choo and Versace shoes, with Michael Kors to follow.
CREDIT: Shutterstock

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Michael Kors parent company Capri Holdings Limited is set to acquire its first factory for an undisclosed sum in a move that will help the luxury company operate vertically and better manage production. Tuscan shoe factory Alberto Gozzi S.r.L., owned and operated by the founding Gozzi family since 1974, offers Capri some much-needed supply chain…

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