Luxury fashion icon steps down after nearly three decades

The head of a renowned luxury fashion house steps down amid acquisition rumors.

Mar 14, 2025 - 06:30
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Luxury fashion icon steps down after nearly three decades

In 1981, American type dressmaker Michael Kors founded the type dwelling Capri Holdings because the keeping firm for his namesake tag. The firm at final purchased a host of esteemed producers like Versace and Jimmy Choo.

Unfortunately, after many affluent years, Capri's empire has begun to disintegrate, as it has been experiencing one of the important steepest sales declines in its ancient previous.

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