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Capri to Close 50 Kors Doors, Buy Factories and Spend on Versace Growth

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Capri Holdings Ltd.’s chief executive officer John D. Idol described the year that just ended as a “transformational” one for the company after closing in December on its $2.1 billion purchase of the Versace fashion house. Looking ahead, he referred to fiscal 2020 as an “investment year,” which means Capri will be spending money to…

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