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Michael Kors Weighs Down Capri Holdings’ Mixed Q2

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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