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Why Versace Parent Plans to Raise Prices at Jimmy Choo and Michael Kors

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Capri Holdings posted better-than-expected first-quarter results, and it’s plotting higher price points on some products at Jimmy Choo and Michael Kors. In a Nutshell: Capri’s results were fueled by sequential improvement in revenue trends through the first quarter and into July, with e-commerce sales up 30 percent in the period. The company reported strong full-price…

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