Michael Kors parent Capri hikes annual revenue forecast
03/02/2026 12:04
Feb 3 (Reuters) - Capri Holdings CPRI.N on Tuesday raised its annual revenue forecast, banking on steady demand for apparel and handbags across its Jimmy Choo and Michael Kors brands. The company now expects fiscal year 2026 revenue in the range of $3.45 billion to $3.48 billion, compared to its prior forecast of $3.38 billion to $3.45 billion. (Reporting by Angela Christy in Bengaluru) ((AngelaChristy.M@thomsonreuters.com;))