Capri aims to revive Michael Kors with lower prices, Amazon e-commerce sales

Capri aims to revive Michael Kors with lower prices, Amazon e-commerce sales

Capri Holdings CPRI.N may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com AMZN.O for its Michael Kors brand following its $1.4 billion sale of Versace to Prada. After Italy’s Prada 1913.F struck a deal to buy smaller rival Versace on Thursday, Capri CEO John Idol said that […] The post Capri aims to revive Michael Kors with lower prices, Amazon e-commerce sales appeared …