Michael Kors's revenues are expected to continue a similar trend, from $ 3.0 billion in fiscal year 2015, immersing $ 2.75 billion in fiscal year 2016, and then increasing to $ 3.0 billion, $ 3.2 thousand Millions and $ 4.0 billion in later years, said Capri Holdings in a press release in a press release in a press release in a press release. .
Capri Holdings has predicted income of $ 4.4 billion for fiscal year 2015, immersing itself to $ 4.1 billion in fiscal year 2016 before increasing to $ 4.7 billion in fiscal year 2018 and $ 6.3 billion in the future. Michael Kors, Versace and Jimmy Choo are expected to follow similar trends. The adjusted operating margins will improve 2.3 percent at fiscal year 2015 at high levels in the future beyond fiscal year 2018.
Versace's revenues are projected at $ 810 million in fiscal year 2015, slightly decreasing to $ 800 million in fiscal year 2016 before constantly increasing to $ 850 million in fiscal year 2017, $ 900 million in fiscal year 2018 and $ 1.5 billion from then on.
Meanwhile, Jimmy Choo is expected to generate $ 600 million in the fiscal year25, falling to $ 550 million in fiscal year 2016 before recovering at $ 575 million in fiscal year 2017, $ 600 million in fiscal year 2018 and finally $ 800 million in the future.
The adjusted operational margin is projected at 2.3 percent in fiscal year 200, improving 3.7 percent in fiscal year 26, with high levels of a single digit (HSD) in fiscal year 2017, low levels of two digits (LDD ) In fiscal year 2018 and ten years in the future.
Michael Kors's operational margin is expected to be in the LDD range for fiscal year 200 and fiscal year 26, moving to the levels of mid -adolescence in fiscal year 27 and fiscal year 28, and reaching the low range of 20 percent in the future.
It is forecast that Versace's operational margin is in the negative range of HSD in fiscal year 2015, which broke in fiscal year 26, reaching in the middle of digits (MSD) in fiscal year 27, HSD in the fiscal year 2018 and high levels of adolescence in the future. It is expected that the margin of Jimmy Choo is in the low negative range of a single digit (LSD) in fiscal year 2015, slightly negative in fiscal year 2016, improving LSD in FY27, MSD in FY28 and LDD in the future.
“We are optimistic about the long -term growth potential for Versace, Jimmy Choo and Michael Kors while executing our strategic initiatives. Our powerful brands have a lasting value and proven resistance, reinforcing our confidence in their ability to offer income and earnings growth over time, “he said John D Idol, President and Executive Director (CEO) of Capri Holdings.
Fiber2Fashion News Desk (SG)