Business UpdateMay 27, 2026, 04:13 PM
Capri Holdings Fiscal 2026 Revenue $3.47B; Michael Kors 83% of Sales
AI Summary
Capri Holdings reported Fiscal 2026 total revenue of $3.474 billion, a decrease from $3.621 billion in Fiscal 2025. The Michael Kors segment accounted for 83% of total revenue at $2.874 billion, while Jimmy Choo contributed 17% with $600 million. The company is focused on strengthening brand desirability, leveraging group expertise, and executing strategies to return Michael Kors to $4 billion in revenue and grow Jimmy Choo to $800 million over time, including expanding Jimmy Choo's women's accessories to at least 30% of revenue.
Key Highlights
- Capri Holdings Fiscal 2026 total revenue was $3.474 billion, down from $3.621 billion in Fiscal 2025.
- Michael Kors segment revenue was $2.874 billion (83% of total) in Fiscal 2026.
- Jimmy Choo segment revenue was $600 million (17% of total) in Fiscal 2026.
- Michael Kors Americas revenue declined to $1.854 billion in Fiscal 2026 from $2.051 billion in Fiscal 2025.
- Jimmy Choo EMEA revenue increased to $291 million in Fiscal 2026 from $287 million in Fiscal 2025.
- Accessories comprised 55.8% ($1.936 billion) and footwear 24.6% ($853 million) of Fiscal 2026 revenue.
- Company aims to grow Michael Kors revenue to $4 billion and Jimmy Choo to $800 million over time.
- Jimmy Choo targets increasing women's accessories to at least 30% of revenue from 20% in Fiscal 2026.
Price Impact
More from CPRI