29 April 2024 Company secures capital from the bank to support business expansion | New loans aimed at supporting high-growth firms | NatWest allows businesses to borrow against software, patents, copyrights, trademarks, and registered designs.
29 April 2024 Company secures capital from the bank to support business expansion | New loans aimed at supporting high-growth firms | NatWest allows businesses to borrow against software, patents, copyrights, trademarks, and registered designs.
China’s intellectual property regulator has invalidated a key solar cell patent held...
ByAmeliaMay 25, 2026EXECUTIVESUMMARY Blockchain technology has powerful business applications. As the technology...
ByAmeliaMay 24, 20260000065312 EVI INDUSTRIES, INC. false --06-30 Q3 2026 3.3 3.1 1.00 1.00...
ByAmeliaMay 24, 2026cpri-20241228false2025Q30001530721--03-2931111xbrli:sharesiso4217:USDiso4217:USDxbrli:sharescpri:segmentcpri:distributionChannelcpri:retailStorexbrli:pureiso4217:EURcpri:equityPlancpri:stockOptionPlan00015307212024-03-312024-12-2800015307212025-01-3100015307212024-12-2800015307212024-03-3000015307212024-09-292024-12-2800015307212023-10-012023-12-3000015307212023-04-022023-12-300001530721us-gaap:CommonStockMember2024-09-280001530721us-gaap:AdditionalPaidInCapitalMember2024-09-280001530721us-gaap:TreasuryStockCommonMember2024-09-280001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-09-280001530721us-gaap:RetainedEarningsMember2024-09-280001530721us-gaap:ParentMember2024-09-280001530721us-gaap:NoncontrollingInterestMember2024-09-2800015307212024-09-280001530721us-gaap:RetainedEarningsMember2024-09-292024-12-280001530721us-gaap:ParentMember2024-09-292024-12-280001530721us-gaap:NoncontrollingInterestMember2024-09-292024-12-280001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-09-292024-12-280001530721us-gaap:CommonStockMember2024-09-292024-12-280001530721us-gaap:AdditionalPaidInCapitalMember2024-09-292024-12-280001530721us-gaap:TreasuryStockCommonMember2024-09-292024-12-280001530721us-gaap:CommonStockMember2024-12-280001530721us-gaap:AdditionalPaidInCapitalMember2024-12-280001530721us-gaap:TreasuryStockCommonMember2024-12-280001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-12-280001530721us-gaap:RetainedEarningsMember2024-12-280001530721us-gaap:ParentMember2024-12-280001530721us-gaap:NoncontrollingInterestMember2024-12-280001530721us-gaap:CommonStockMember2024-03-300001530721us-gaap:AdditionalPaidInCapitalMember2024-03-300001530721us-gaap:TreasuryStockCommonMember2024-03-300001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-03-300001530721us-gaap:RetainedEarningsMember2024-03-300001530721us-gaap:ParentMember2024-03-300001530721us-gaap:NoncontrollingInterestMember2024-03-300001530721us-gaap:RetainedEarningsMember2024-03-312024-12-280001530721us-gaap:ParentMember2024-03-312024-12-280001530721us-gaap:NoncontrollingInterestMember2024-03-312024-12-280001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2024-03-312024-12-280001530721us-gaap:CommonStockMember2024-03-312024-12-280001530721us-gaap:AdditionalPaidInCapitalMember2024-03-312024-12-280001530721us-gaap:TreasuryStockCommonMember2024-03-312024-12-280001530721us-gaap:CommonStockMember2023-09-300001530721us-gaap:AdditionalPaidInCapitalMember2023-09-300001530721us-gaap:TreasuryStockCommonMember2023-09-300001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-09-300001530721us-gaap:RetainedEarningsMember2023-09-300001530721us-gaap:ParentMember2023-09-300001530721us-gaap:NoncontrollingInterestMember2023-09-3000015307212023-09-300001530721us-gaap:RetainedEarningsMember2023-10-012023-12-300001530721us-gaap:ParentMember2023-10-012023-12-300001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-10-012023-12-300001530721us-gaap:CommonStockMember2023-10-012023-12-300001530721us-gaap:AdditionalPaidInCapitalMember2023-10-012023-12-300001530721us-gaap:TreasuryStockCommonMember2023-10-012023-12-300001530721us-gaap:CommonStockMember2023-12-300001530721us-gaap:AdditionalPaidInCapitalMember2023-12-300001530721us-gaap:TreasuryStockCommonMember2023-12-300001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-12-300001530721us-gaap:RetainedEarningsMember2023-12-300001530721us-gaap:ParentMember2023-12-300001530721us-gaap:NoncontrollingInterestMember2023-12-3000015307212023-12-300001530721us-gaap:CommonStockMember2023-04-010001530721us-gaap:AdditionalPaidInCapitalMember2023-04-010001530721us-gaap:TreasuryStockCommonMember2023-04-010001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-04-010001530721us-gaap:RetainedEarningsMember2023-04-010001530721us-gaap:ParentMember2023-04-010001530721us-gaap:NoncontrollingInterestMember2023-04-0100015307212023-04-010001530721us-gaap:RetainedEarningsMember2023-04-022023-12-300001530721us-gaap:ParentMember2023-04-022023-12-300001530721us-gaap:AccumulatedOtherComprehensiveIncomeMember2023-04-022023-12-300001530721us-gaap:CommonStockMember2023-04-022023-12-300001530721us-gaap:AdditionalPaidInCapitalMember2023-04-022023-12-300001530721us-gaap:TreasuryStockCommonMember2023-04-022023-12-3000015307212024-11-142024-11-140001530721srt:MaximumMember2024-12-280001530721cpri:GiftCardMember2024-03-300001530721cpri:GiftCardMember2024-12-2800015307212024-12-292024-12-2800015307212025-03-302024-12-2800015307212026-03-292024-12-2800015307212027-03-282024-12-2800015307212028-04-022024-12-2800015307212029-04-012024-12-280001530721srt:AmericasMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721srt:AmericasMembercpri:GianniVersaceSrlSegmentMember2023-10-012023-12-300001530721srt:AmericasMembercpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721srt:AmericasMembercpri:GianniVersaceSrlSegmentMember2023-04-022023-12-300001530721us-gaap:EMEAMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721us-gaap:EMEAMembercpri:GianniVersaceSrlSegmentMember2023-10-012023-12-300001530721us-gaap:EMEAMembercpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721us-gaap:EMEAMembercpri:GianniVersaceSrlSegmentMember2023-04-022023-12-300001530721srt:AsiaMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721srt:AsiaMembercpri:GianniVersaceSrlSegmentMember2023-10-012023-12-300001530721srt:AsiaMembercpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721srt:AsiaMembercpri:GianniVersaceSrlSegmentMember2023-04-022023-12-300001530721cpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721cpri:GianniVersaceSrlSegmentMember2023-10-012023-12-300001530721cpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721cpri:GianniVersaceSrlSegmentMember2023-04-022023-12-300001530721srt:AmericasMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721srt:AmericasMembercpri:JimmyChooSegmentMember2023-10-012023-12-300001530721srt:AmericasMembercpri:JimmyChooSegmentMember2024-03-312024-12-280001530721srt:AmericasMembercpri:JimmyChooSegmentMember2023-04-022023-12-300001530721us-gaap:EMEAMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721us-gaap:EMEAMembercpri:JimmyChooSegmentMember2023-10-012023-12-300001530721us-gaap:EMEAMembercpri:JimmyChooSegmentMember2024-03-312024-12-280001530721us-gaap:EMEAMembercpri:JimmyChooSegmentMember2023-04-022023-12-300001530721srt:AsiaMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721srt:AsiaMembercpri:JimmyChooSegmentMember2023-10-012023-12-300001530721srt:AsiaMembercpri:JimmyChooSegmentMember2024-03-312024-12-280001530721srt:AsiaMembercpri:JimmyChooSegmentMember2023-04-022023-12-300001530721cpri:JimmyChooSegmentMember2024-09-292024-12-280001530721cpri:JimmyChooSegmentMember2023-10-012023-12-300001530721cpri:JimmyChooSegmentMember2024-03-312024-12-280001530721cpri:JimmyChooSegmentMember2023-04-022023-12-300001530721srt:AmericasMembercpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721srt:AmericasMembercpri:MichaelKorsSegmentMember2023-10-012023-12-300001530721srt:AmericasMembercpri:MichaelKorsSegmentMember2024-03-312024-12-280001530721srt:AmericasMembercpri:MichaelKorsSegmentMember2023-04-022023-12-300001530721us-gaap:EMEAMembercpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721us-gaap:EMEAMembercpri:MichaelKorsSegmentMember2023-10-012023-12-300001530721us-gaap:EMEAMembercpri:MichaelKorsSegmentMember2024-03-312024-12-280001530721us-gaap:EMEAMembercpri:MichaelKorsSegmentMember2023-04-022023-12-300001530721srt:AsiaMembercpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721srt:AsiaMembercpri:MichaelKorsSegmentMember2023-10-012023-12-300001530721srt:AsiaMembercpri:MichaelKorsSegmentMember2024-03-312024-12-280001530721srt:AsiaMembercpri:MichaelKorsSegmentMember2023-04-022023-12-300001530721cpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721cpri:MichaelKorsSegmentMember2023-10-012023-12-300001530721cpri:MichaelKorsSegmentMember2024-03-312024-12-280001530721cpri:MichaelKorsSegmentMember2023-04-022023-12-300001530721srt:AmericasMember2024-09-292024-12-280001530721srt:AmericasMember2023-10-012023-12-300001530721srt:AmericasMember2024-03-312024-12-280001530721srt:AmericasMember2023-04-022023-12-300001530721us-gaap:EMEAMember2024-09-292024-12-280001530721us-gaap:EMEAMember2023-10-012023-12-300001530721us-gaap:EMEAMember2024-03-312024-12-280001530721us-gaap:EMEAMember2023-04-022023-12-300001530721srt:AsiaMember2024-09-292024-12-280001530721srt:AsiaMember2023-10-012023-12-300001530721srt:AsiaMember2024-03-312024-12-280001530721srt:AsiaMember2023-04-022023-12-300001530721cpri:CreditRiskAssumedByInsuredMember2024-12-280001530721cpri:CreditRiskAssumedByInsuredMember2024-03-300001530721us-gaap:PropertyPlantAndEquipmentMember2024-09-292024-12-280001530721us-gaap:PropertyPlantAndEquipmentMember2024-03-312024-12-280001530721us-gaap:PropertyPlantAndEquipmentMember2023-10-012023-12-300001530721us-gaap:PropertyPlantAndEquipmentMember2023-04-022023-12-300001530721cpri:MichaelKorsReportingUnitsMembercpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721cpri:JimmyChooLicensingReportingUnitMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721cpri:VersaceLicensingReportingUnitMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721cpri:JimmyChooWholesaleReportingUnitMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721cpri:VersaceRetailAndWholesaleReportingUnitsMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721us-gaap:CustomerRelationshipsMembercpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721cpri:GianniVersaceSrlSegmentMember2024-03-300001530721cpri:JimmyChooSegmentMember2024-03-300001530721cpri:MichaelKorsSegmentMember2024-03-300001530721cpri:GianniVersaceSrlSegmentMember2024-12-280001530721cpri:JimmyChooSegmentMember2024-12-280001530721cpri:MichaelKorsSegmentMember2024-12-280001530721cpri:CalzaturificioSiclaS.r.l.Member2024-05-022024-05-020001530721cpri:CalzaturificioSiclaS.r.l.Membercpri:JimmyChooSegmentMember2024-05-020001530721cpri:JimmyChooReportingUnitsMembercpri:JimmyChooSegmentMember2024-12-280001530721cpri:VersaceReportingUnitsMembercpri:GianniVersaceSrlSegmentMember2024-12-280001530721cpri:ReacquiredRightsMember2024-12-280001530721cpri:ReacquiredRightsMember2024-03-300001530721us-gaap:TrademarksMember2024-12-280001530721us-gaap:TrademarksMember2024-03-300001530721us-gaap:CustomerRelationshipsMember2024-12-280001530721us-gaap:CustomerRelationshipsMember2024-03-300001530721cpri:FiscalYear2025GlobalOptimizationPlanMember2024-09-292024-12-280001530721cpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-312024-12-280001530721us-gaap:EmployeeSeveranceMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-300001530721us-gaap:FacilityClosingMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-300001530721cpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-300001530721us-gaap:EmployeeSeveranceMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-312024-12-280001530721us-gaap:FacilityClosingMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-03-312024-12-280001530721us-gaap:EmployeeSeveranceMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-12-280001530721us-gaap:FacilityClosingMembercpri:FiscalYear2025GlobalOptimizationPlanMember2024-12-280001530721cpri:FiscalYear2025GlobalOptimizationPlanMember2024-12-280001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:VersaceTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:VersaceTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:TermLoanMember2024-12-280001530721cpri:TermLoanMember2024-03-300001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-03-300001530721cpri:OtherDebtMember2024-12-280001530721cpri:OtherDebtMember2024-03-300001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2022-07-010001530721cpri:CreditFacility2022Memberus-gaap:LetterOfCreditMemberus-gaap:LineOfCreditMember2022-07-010001530721cpri:CreditFacility2022Memberus-gaap:BridgeLoanMemberus-gaap:LineOfCreditMember2022-07-010001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMembersrt:MinimumMember2022-07-012022-07-010001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMembersrt:MaximumMember2022-07-012022-07-010001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2023-08-102024-12-280001530721cpri:CreditFacility2022Memberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2022-07-012022-07-010001530721us-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-12-280001530721us-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-08-230001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMember2024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMembercpri:FederalReserveBankOfNewYorkOvernightBankFundingRateMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMemberus-gaap:SecuredOvernightFinancingRateSofrMembercpri:VariableComponentOneMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMemberus-gaap:SecuredOvernightFinancingRateSofrMembercpri:VariableComponentTwoMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMembersrt:MinimumMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMembersrt:MaximumMember2024-08-232024-08-230001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:VersaceTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2022-12-050001530721cpri:VersaceTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMembercpri:EuroInterbankOfferRateEURIBORMember2022-12-052022-12-050001530721cpri:VersaceTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2022-12-052022-12-050001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMember2017-10-200001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMemberus-gaap:DebtInstrumentRedemptionPeriodOneMember2024-03-312024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMembercpri:TreasuryRateMemberus-gaap:DebtInstrumentRedemptionPeriodOneMember2024-03-312024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMemberus-gaap:DebtInstrumentRedemptionPeriodTwoMember2024-03-312024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:SeniorNotesMember2024-03-300001530721us-gaap:NotesPayableToBanksMember2024-12-280001530721us-gaap:NotesPayableToBanksMember2024-03-300001530721us-gaap:FairValueInputsLevel1Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel2Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel1Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel2Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel1Memberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel2Memberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-12-280001530721us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:InterestRateSwapMemberus-gaap:FairValueMeasurementsRecurringMember2024-03-300001530721cpri:CreditFacility2022Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:CreditFacility2022Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:CreditFacility2022Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:CreditFacility2022Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:VersaceTermLoanMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:VersaceTermLoanMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-12-280001530721cpri:VersaceTermLoanMemberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:VersaceTermLoanMemberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:UnsecuredDebtMemberus-gaap:LineOfCreditMember2024-03-300001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-12-280001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-03-300001530721cpri:A4.00SeniorNotesMaturity2024Memberus-gaap:EstimateOfFairValueFairValueDisclosureMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:SeniorNotesMember2024-03-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2023-10-012023-12-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMember2023-04-022023-12-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:GoodwillMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:GoodwillMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:IndefinitelivedIntangibleAssetsMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:IndefinitelivedIntangibleAssetsMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FiniteLivedIntangibleAssetsMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:FiniteLivedIntangibleAssetsMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercpri:OperatingLeaseRightOfUseAssetsMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercpri:OperatingLeaseRightOfUseAssetsMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:PropertyPlantAndEquipmentMember2024-09-292024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:PropertyPlantAndEquipmentMember2024-03-312024-12-280001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercpri:OperatingLeaseRightOfUseAssetsMember2023-10-012023-12-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMembercpri:OperatingLeaseRightOfUseAssetsMember2023-04-022023-12-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:PropertyPlantAndEquipmentMember2023-10-012023-12-300001530721us-gaap:FairValueInputsLevel3Memberus-gaap:FairValueMeasurementsNonrecurringMemberus-gaap:PropertyPlantAndEquipmentMember2023-04-022023-12-300001530721us-gaap:ForeignExchangeForwardMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:CHF2024-03-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:CHF2024-06-290001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:CHF2024-06-302024-09-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:CHF2024-09-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:CHF2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-03-300001530721cpri:CrossCurrencyInterestRateContractFloatToFloatMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-03-300001530721cpri:CrossCurrencyInterestRateContractFixedToFixedMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-03-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-06-290001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-09-280001530721cpri:CrossCurrencyInterestRateContractFloatToFloatMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-09-292024-12-280001530721cpri:CrossCurrencyInterestRateContractEnteredIntoFixedToFixedMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-12-280001530721cpri:CrossCurrencyInterestRateContractFixedToFixedMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:EUR2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-292024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-10-012023-12-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-280001530721cpri:CreditFacility2022Memberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-280001530721cpri:CreditFacility2022Membercurrency:EURus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-280001530721cpri:VersaceTermLoanMemberus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-280001530721cpri:VersaceTermLoanMembercurrency:EURus-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-280001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-300001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-292024-12-280001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:CurrencySwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:GBP2024-12-280001530721us-gaap:CurrencySwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembercurrency:GBP2024-03-300001530721us-gaap:CurrencySwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-10-012023-12-300001530721us-gaap:CurrencySwapMemberus-gaap:FairValueHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-300001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-280001530721us-gaap:CurrencySwapMemberus-gaap:CashFlowHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:AccountsPayableAndAccruedLiabilitiesMember2024-03-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2024-03-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMember2024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMember2024-03-300001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2024-12-280001530721us-gaap:InterestRateSwapMemberus-gaap:CashFlowHedgingMember2024-03-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-292024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-10-012023-12-300001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-292024-12-280001530721us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-10-012023-12-300001530721us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:CurrencySwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-09-292024-12-280001530721us-gaap:CurrencySwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-10-012023-12-300001530721us-gaap:CurrencySwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:CurrencySwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721us-gaap:ForeignExchangeForwardMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-03-312024-12-280001530721us-gaap:ForeignExchangeForwardMemberus-gaap:DesignatedAsHedgingInstrumentMember2023-04-022023-12-300001530721cpri:ExistingShareRepurchasePlanMember2022-11-092022-11-090001530721cpri:ExistingShareRepurchasePlanMember2022-11-090001530721cpri:ExistingShareRepurchasePlanMember2023-08-102024-12-280001530721cpri:ExistingShareRepurchasePlanMember2024-03-312024-12-280001530721cpri:ExistingShareRepurchasePlanMember2024-12-280001530721cpri:ExistingShareRepurchasePlanMember2023-04-022023-12-300001530721cpri:WithholdingTaxesMember2024-03-312024-12-280001530721cpri:WithholdingTaxesMember2023-04-022023-12-300001530721us-gaap:AccumulatedTranslationAdjustmentMember2024-03-300001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-03-300001530721us-gaap:AccumulatedTranslationAdjustmentMember2024-03-312024-12-280001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-03-312024-12-280001530721us-gaap:AccumulatedTranslationAdjustmentMember2024-12-280001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2024-12-280001530721us-gaap:AccumulatedTranslationAdjustmentMember2023-04-010001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-04-010001530721us-gaap:AccumulatedTranslationAdjustmentMember2023-04-022023-12-300001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-04-022023-12-300001530721us-gaap:AccumulatedTranslationAdjustmentMember2023-12-300001530721us-gaap:AccumulatedGainLossNetCashFlowHedgeParentMember2023-12-300001530721cpri:StockOptionPlanTwentyZeroEightMember2024-03-312024-12-280001530721cpri:StockOptionPlanTwentyZeroEightMember2024-12-280001530721cpri:OmnibusIncentivePlanTwentyTwelveMember2024-12-280001530721cpri:OmnibusIncentivePlanTwentyTwelveMember2024-03-312024-12-280001530721us-gaap:EmployeeStockOptionMember2024-03-300001530721us-gaap:RestrictedStockUnitsRSUMember2024-03-300001530721us-gaap:PerformanceSharesMember2024-03-300001530721us-gaap:EmployeeStockOptionMember2024-03-312024-12-280001530721us-gaap:RestrictedStockUnitsRSUMember2024-03-312024-12-280001530721us-gaap:PerformanceSharesMember2024-03-312024-12-280001530721us-gaap:EmployeeStockOptionMember2024-12-280001530721us-gaap:RestrictedStockUnitsRSUMember2024-12-280001530721us-gaap:PerformanceSharesMember2024-12-280001530721us-gaap:RestrictedStockUnitsRSUMember2023-04-022023-12-300001530721us-gaap:PerformanceSharesMember2023-04-022023-12-300001530721us-gaap:OperatingSegmentsMembercpri:GianniVersaceSrlSegmentMember2024-09-292024-12-280001530721us-gaap:OperatingSegmentsMembercpri:GianniVersaceSrlSegmentMember2023-10-012023-12-300001530721us-gaap:OperatingSegmentsMembercpri:GianniVersaceSrlSegmentMember2024-03-312024-12-280001530721us-gaap:OperatingSegmentsMembercpri:GianniVersaceSrlSegmentMember2023-04-022023-12-300001530721us-gaap:OperatingSegmentsMembercpri:JimmyChooSegmentMember2024-09-292024-12-280001530721us-gaap:OperatingSegmentsMembercpri:JimmyChooSegmentMember2023-10-012023-12-300001530721us-gaap:OperatingSegmentsMembercpri:JimmyChooSegmentMember2024-03-312024-12-280001530721us-gaap:OperatingSegmentsMembercpri:JimmyChooSegmentMember2023-04-022023-12-300001530721us-gaap:OperatingSegmentsMembercpri:MichaelKorsSegmentMember2024-09-292024-12-280001530721us-gaap:OperatingSegmentsMembercpri:MichaelKorsSegmentMember2023-10-012023-12-300001530721us-gaap:OperatingSegmentsMembercpri:MichaelKorsSegmentMember2024-03-312024-12-280001530721us-gaap:OperatingSegmentsMembercpri:MichaelKorsSegmentMember2023-04-022023-12-300001530721us-gaap:OperatingSegmentsMember2024-09-292024-12-280001530721us-gaap:OperatingSegmentsMember2023-10-012023-12-300001530721us-gaap:OperatingSegmentsMember2024-03-312024-12-280001530721us-gaap:OperatingSegmentsMember2023-04-022023-12-300001530721us-gaap:CorporateNonSegmentMember2024-09-292024-12-280001530721us-gaap:CorporateNonSegmentMember2023-10-012023-12-300001530721us-gaap:CorporateNonSegmentMember2024-03-312024-12-280001530721us-gaap:CorporateNonSegmentMember2023-04-022023-12-300001530721country:US2024-09-292024-12-280001530721country:US2024-03-312024-12-280001530721country:US2023-10-012023-12-300001530721country:US2023-04-022023-12-300001530721currency:EURsrt:ScenarioForecastMemberus-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMember2024-12-292025-03-290001530721us-gaap:CrossCurrencyInterestRateContractMemberus-gaap:NetInvestmentHedgingMemberus-gaap:DesignatedAsHedgingInstrumentMembersrt:ScenarioForecastMember2024-12-292025-03-290001530721cpri:CreditAgreementMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:SecuredDebtMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:SecuredDebtMemberus-gaap:LineOfCreditMembercurrency:USDus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:SecuredDebtMemberus-gaap:LineOfCreditMembercurrency:EURus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:RevolvingCreditFacilityMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:LetterOfCreditMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:BridgeLoanMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-040001530721cpri:CreditAgreementMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2025-02-042025-02-040001530721cpri:A364DayTermLoanMemberus-gaap:UnsecuredDebtMemberus-gaap:SubsequentEventMember2025-02-042025-02-04UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549FORM 10-Q☒QUARTERLY REPORT PURSUANT TO SECTION...
ByAmeliaMay 24, 2026
Get our latest downloads and information first.
Complete the form below to subscribe to our weekly newsletter.
Leave a comment