Capri holding beats sales estimates on e-tail surge, China strength

Capri holding beats sales estimates on e-tail surge, China strength

Capri Holdings Ltd reported a recovery in demand for its Versace and Jimmy Choo brands in China and a surge in online shopping. However, the company said revenue from its Hong Kong and Macau markets remained significantly below last year.  “We’re at the peak season of where tourists would be coming to London, Paris, Milan, Florence and Barcelona, which are all very important cities where we do huge volume,” CEO John Idol said.

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