Event Coverage 6 minutesRegister for Free AccessCapri Holdings 2019 Investor Day: Brand Growth Expected to Drive Revenues to $6 Billion in FY2020 Coresight Research June 6, 2019 Executive SummaryCoresight Research attended Capri Holdings’ 2019 investor day on June 4, 2019, in New York City. Here are the key takeaways: The company expects to achieve $6 billion sales in FY20, a 15.4% increase compared to FY19. The company is creating synergy opportunities and actively developing plans to realize savings. It is also creating transformation initiatives in warehousing and logistics, IT and back office shared services. Capri plans to increase the number of Versace retail stores to 300 from 188 in tandem with accelerating e-commerce and omni-channel development. At Jimmy Choo, the focus is on expanding the sneaker business to 20% of the whole footwear business, and at Michael Kors to grow Asia business to $1 billion in revenue and expand e-commerce business in China. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Generative AI Latest: Key Announcements from AWS re:Invent 2023US Grocery Retail and Recessions: Learnings from the Past and Recommendations for the FutureUS Consumer Tracker: Analyzing Cross-Shopping at Nonfood RetailersWeekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To Close