Page 4 - Capri Versace News Today

The world may be going to hell in a handcart yet the rich are still buying extortionately priced handbags and top-end fashion like no tomorrow.

3 Min Read (Reuters) - Capri Holdings is expected to post a fourth straight fall in quarterly revenue on Wednesday as the blow from fresh lockdowns in Europe eclipses a China-driven recovery in sales of its luxury handbags and apparel. FILE PHOTO: The logo of Michael Kors is seen on an outlet store in Metzingen, Germany, June 16, 2017. REUTERS/Michaela Rehle A spike in coronavirus infections from late last year forced many European governments to put their economies back into lockdown, keeping...