Apparel, Accessories & Luxury Goods
Case studies in apparel, accessories & luxury goods.
Capri Holdings: Where Should the Next Increment Go?
Capri Holdings had completed the sale of Versace to Prada in December 2025. In the latest reported quarter, the company had two operating segments: Michael Kors (MK) and Jimmy Choo (JC). Capri still provided some transition services to the former Versace business, so the legal sale had not ended every transaction-related activity. P02, Note 3 Read case
lululemon — Who Owns the Product?
In May 2024, lululemon announced a new structure for its product and brand teams. It would not replace its Chief Product Officer role. Design, Innovation, and Product Development would sit with the Global Creative Director, reporting to CEO Calvin McDonald. Read case
Ralph Lauren: Where Should the Next Growth Dollar Go?
Ralph Lauren Corporation entered the second year of its “Next Great Chapter: Drive” plan with a striking set of results. In the first quarter of fiscal 2027, revenue rose 14.0% as reported and 13.4% in constant currency. Comparable sales grew 12% worldwide. Asia was the fastest-growing region: revenue increased 25.3% in constant currency and retail comparable sales rose 23%. Read case
Tapestry — Integrating Capri Without Flattening Its Brands
On 10 August 2023, Tapestry announced an agreement to acquire Capri Holdings for $57 per share in cash, at an enterprise value of approximately $8.5 billion. The companies expected closing in calendar 2024, subject to shareholder and regulatory approvals and customary conditions. One week later, Tapestry filed its FY2023 results and annual report. Read case