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Capri Narrows Q4 Loss as it Looks to Higher Prices for Kors

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.

The owner of Michael Kors missed fourth-quarter revenue targets but narrowed the loss on a year-ago basis and beat Wall Street’s earnings estimates by $0.36 In a Nutshell: About 60 percent of Europe, Middle East and Africa (EMEA) stores were closed, on top of 40 percent in Canada, according to Capri Holdings. Despite revenue coming…

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