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Michael Kors Weighs Down Capri Holdings’ Mixed Q2

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Although Capri Holdings Ltd.’s second-quarter results met Wall Street’s revenue estimate, it still missed the per-share earnings estimate by 8 cents. And while protests in Hong Kong hurt Versace’s international business, results at Michael Kors that suggest that the brand’s turnaround is still a work in progress. In a Nutshell: The second quarter wasn’t exactly…

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