OverviewSuggest Edit

Capri Holdings, formerly known as Michael Kors Holdings, is a multinational fashion company that designs, markets, distributes, and retails branded women's and men's apparel and accessories. It operates through three segments: Versace segment that offers ready-to-wear, accessories, footwear, and home furnishings through a distribution network, including boutique and department and specialty stores, as well as through Versace e-commerce sites; Jimmy Choo segment that sells luxury footwear, handbags, and small leather goods through directly operated Jimmy Choo stores, and Jimmy Choo e-commerce sites; and Michael Kors segment that offers accessories, footwear and apparel through retail stores, department stores, specialty stores, and select licensing partners, as well as through Michael Kors e-commerce sites.

TypePublic
Founded1981
HQNew York, US
Websitecapriholdings.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Mar 2019)11,096(+36%)
Revenue (FY, 2019)$5.2 B(+12%)
Share Price (May 2020)$12.9 (-1%)

Key People/Management at Capri

Krista McDonough

Krista McDonough

Senior Vice President, General Counsel
Michael Kors

Michael Kors

Honorary Chairman, Chief Creative Officer and Director
John Idol

John Idol

Chairman, Chief Executive Officer and Director
Cathy Marie Robinson

Cathy Marie Robinson

Senior Vice President of Corporate Strategy and Chief Operations Officer
Pascale Meyran

Pascale Meyran

Senior Vice President, Chief Human Resources Officer
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Capri Office Locations

Capri has an office in New York
New York, US (HQ)
11 W 42nd St
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Capri Financials and Metrics

Capri Revenue

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Capri's revenue was reported to be $5.24 b in FY, 2019
USD

Revenue (Q3, 2020)

1.6b

Gross profit (Q3, 2020)

932.0m

Gross profit margin (Q3, 2020), %

59.3%

Net income (Q3, 2020)

210.0m

EBIT (Q3, 2020)

205.0m

Market capitalization (15-May-2020)

1.9b

Closing stock price (15-May-2020)

12.9

Cash (28-Dec-2019)

237.0m

EV

5.6b
Capri's current market capitalization is $1.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

4.5b4.7b5.2b

Revenue growth, %

(5%)5%

Cost of goods sold

1.8b1.9b2.1b

Gross profit

2.7b2.9b3.2b
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.1b1.4b1.2b1.3b1.4b1.3b1.4b1.6b

Cost of goods sold

455.8m556.1m451.7m490.7m564.8m512.0m568.0m639.0m

Gross profit

690.8m884.0m750.8m763.1m873.2m834.0m874.0m932.0m

Gross profit Margin, %

60%61%62%61%61%62%61%59%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

702.0m227.7m163.1m172.0m

Accounts Receivable

307.9m265.8m290.5m383.0m

Prepaid Expenses

113.1m221.0m

Inventories

546.8m549.3m660.7m953.0m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

178.2m317.1m169.9m155.2m264.5m160.0m179.0m237.0m

Accounts Receivable

274.5m288.0m262.5m339.9m291.2m310.0m368.0m321.0m

Prepaid Expenses

181.5m162.3m211.4m2.1b224.0m275.0m263.0m

Inventories

696.5m677.2m697.0m767.6m764.7m1.0b1.1b960.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

551.5m592.1m542.0m

Depreciation and Amortization

219.8m208.6m262.0m

Inventories

20.6m46.0m(125.0m)

Accounts Payable

37.5m(20.9m)(48.0m)
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

328.2m547.6m186.2m323.3m45.0m118.0m327.0m

Depreciation and Amortization

95.9m149.9m55.9m108.6m160.1m73.0m151.0m188.0m

Inventories

(128.4m)20.8m(52.4m)(126.1m)(127.1m)(63.0m)(141.0m)(8.0m)

Accounts Payable

(4.6m)(21.4m)(4.4m)10.0m52.0m(8.0m)32.0m6.0m
USDY, 2019

EV/EBIT

27.1 x

EV/CFO

7.4 x

Financial Leverage

3.2 x
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Capri Operating Metrics

FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Countries

100

Outlet Stores

176 213 233

Retail Stores

304 405 526 668 827 1.01 k

Wholesale Stores

3.89 k3.54 k3.61 k
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Capri Acquisitions / Subsidiaries

Company NameDateDeal Size
VersaceSeptember 24, 2018$2.12 b
Jimmy ChooJuly 25, 2017£896 m
Capri
Choo EUR Finance Limited
Choo Luxury Finance Limited
Choo Luxury Group Limited
Choo Luxury Holdings Limited
Choo USD Finance Limited
Franchoo SAS
Itachoo S.r.l.
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Capri Revenue Breakdown

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Capri revenue breakdown by business segment: 57.5% from MK Retail, 34.7% from MK Wholesale and 7.8% from Other

Capri Online and Social Media Presence

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Capri News and Updates

The Ratings Game: Michael Kors, Versace parent Capri lowers revenue guidance by $100 million due to coronavirus

Capri Holdings Ltd. says 150 of its 225 stores in China are closed due to the coronavirus outbreak and it’s having a major impact on guidance for the coming months.

UPDATE 2-Michael Kors owner Capri warns of $100 mln hit from coronavirus, cuts forecasts

Michael Kors owner Capri Holdings Ltd cut its forecasts on Wednesday as it warned of a $100 million hit to revenue due to the coronavirus outbreak in China, which has led to 150 store closures and travel restrictions on high-spending tourists.

Capri Cuts Forecast, Shuts Stores in China Over Virus Outbreak

Capri Cuts Forecast, Shuts Stores in China Over Virus Outbreak

Michael Kors parent Capri Holdings shares rise after earnings beat but coronavirus weighs on guidance

Capri Holdings Ltd. shares rose 1.4% in Wednesday premarket trading after the luxury fashion house reported fiscal third-quarter earnings and revenue that beat expectations. Net income totaled $210 million, or $1.38 per share, up from $200 million, or $1.33 per share, last year. Adjusted EPS of $1.…

Michael Kors owner Capri sees $100 million revenue hit from coronavirus

Michael Kors owner Capri Holdings Ltd on Wednesday warned of a $100 million hit to its full-year revenue from the coronavirus outbreak in China, as it closed 150 stores in one of the most important markets for luxury fashion labels.

Jumeirah accélère son développement à l'international avec la gestion du célèbre Capri Palace, en Italie

DUBAÏ, 2 janvier 2020 /PRNewswire/ -- Jumeirah Group, groupe hôtelier de luxe, annonce les droits d'exploitation et de gestion du célèbre Capri Palace en Italie. Pour consulter le communiqué de presse multimédia, veuillez cliquer sur le lien suivant :...
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Capri Frequently Asked Questions

  • When was Capri founded?

    Capri was founded in 1981.

  • Who are Capri key executives?

    Capri's key executives are Krista McDonough, Michael Kors and John Idol.

  • How many employees does Capri have?

    Capri has 11,096 employees.

  • What is Capri revenue?

    Latest Capri annual revenue is $5.2 b.

  • What is Capri revenue per employee?

    Latest Capri revenue per employee is $472.1 k.

  • Who are Capri competitors?

    Competitors of Capri include Kate Spade, LVMH and Kering.

  • Where is Capri headquarters?

    Capri headquarters is located at 11 W 42nd St, New York.

  • Where are Capri offices?

    Capri has an office in New York.

  • How many offices does Capri have?

    Capri has 1 office.