Capri Holdings Limited Announces Third Quarter Fiscal 2021 Results Q3 2021 Earnings Presentation
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of fiscal 2021 ended December 26, 2020.
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Versace (Photo: Business Wire)
Revenue decline of 17%, a sequential improvement relative to the second quarter
E-commerce sales improved sequentially, increasing 65%
Positive retail sales in Asia across all luxury houses, led by double digit growth in Mainland China
Double-digit global retail sales growth at Versace
Adjusted gross margin expansion of 520 basis points versus prior year