Procurement Strategy

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Capri Holdings Charts Turnaround Path After Versace Sale, Eyes 2027 Growth

Capri Holdings reports mixed Q3 FY2026 results, with Michael Kors revenue down but showing sequential improvement, while Jimmy Choo posts a 5% gain. The company, now streamlined after the Versace divestiture, outlines a strategic pivot focused on full-price sales, brand storytelling, and debt reduction, forecasting a return to growth next fiscal year.