In this week’s Luxury Briefing, I check in with analysts Luca Solca and Simeon Siegel on the state of Capri as it looks to grow Michael Kors and Jimmy Choo with new executive hires. Also, executive moves at Lanvin, Diane von Furstenberg and Tod’s. For tips or comments, email me at zofia@glossy.co. After selling Versace to Prada for $1.375 billion in cash in December, Capri Holdings is now only a two-brand company, with its future resting on Michael Kors and Jimmy Choo. Its turnaround comes as price increases across high-end luxury have created an opening for both of these recognizable brands, positioned at comparatively accessible price points.This is a member-exclusive article from Glossy. Continue reading it on glossy.co and subscribe to continue reading content like this.
