MongoDB快排|【唯一TG:@heimifeng8】|电报盗号系统免杀破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Michael Kors

Michael Kors-owner Capri forecasts fiscal 2026 revenue below estimatesBy
Reuters Published
February 5,MongoDB快排 2025

Capri Holdings forecast revenue well below Wall Street estimates for its fiscal 2026 on Wednesday, as the Michael Kors owner grappled with slowing demand for luxury goods and persistent declines in the Americas and Asia.


See catwalkMichael Kors - Spring-Summer2025 - Womenswear - Etats-Unis - New York
Michael Kors - Spring-Summer2025 - Womenswear - Etats-Unis - New York - ©Launchmetrics/spotlight


Shares of the company, which also projected fiscal 2025 revenue below expectations, were down about 6% in premarket trading.

The global luxury goods sector has been grappling with its slowest sales in years, with a 2% fall in 2025, according to Bain & Co. estimates, hit by a property crisis in China.

Meanwhile, Capri is looking for a reset after its $8.5 billion deal with Coach-owner Tapestry to create a U.S. luxury conglomerate collapsed following opposition from the Federal Trade Commission.

Capri expects fiscal 2026 net revenue of $4.1 billion, compared with analysts' estimates of $4.52 billion, according to data compiled by LSEG. It sees fiscal 2025 revenue of $4.4 billion, below analysts' expectations of $4.51 billion.

Culture
Previous:Eleventy adds to international presence with first London store
next:Anya Hindmarch extends fully recyclable plastic bag to more retailers