michael-kors-profits

Michael Kors Profits

Business / By / June 19, 2023
  • In 2018, the operating income was $975 million.
  • The operating income remained relatively stable in 2019, with a slight decrease to $964 million.
  • In 2020, the operating income decreased to $850 million.
  • The operating income experienced a significant drop in 2021, reaching $595 million.
  • However, in 2022, Michael Kors’ operating income recovered, increasing to $1,005 million.

Related To Capri Holdings

Capri Holdings Revenue

capri-holdings-revenue
Capri Holdings’ revenue increased from $4.72 billion in 2018 to $5.24 billion in 2019. The revenue continued to rise in 2020, reaching $5.55 billion. In 2021, the revenue decreased to $4.06 billion, a significant drop from the previous year. However, in 2022, the revenue rebounded, growing to $5.65 billion.

Capri Holdings Profits

capri-holdings-profits
In 2018, the net income was $592 million. In 2019, it slightly decreased to $543 million. The net income took a significant hit in 2020, resulting in a loss of $223 million. In 2021, the company still experienced a net loss, though smaller, of $62 million. By 2022, the net income rebounded significantly to $822 million.

Versace Revenue

versace-revenue

Versace Profits

versace-profits
In 2020, the net income was a loss of $8 million. The net income turned positive in 2021, reaching $21 million. In 2022, Versace’s net income increased significantly to $185 million.

Jimmy Choo Revenue

jimmy-choo-revenue
In 2020, the revenue was $555 million. The revenue decreased in 2021 to $418 million. However, in 2022, Jimmy Choo’s revenue increased significantly to $613 million.

Jimmy Choo Profits

jimmy-choo-profits
In 2020, the company experienced an operating loss of $13 million. The operating loss increased in 2021 to $55 million. However, in 2022, Jimmy Choo’s operating performance improved, resulting in an operating income of $13 million.

Michael Kors Revenue

michael-kors-revenue

Michael Kors Profits

michael-kors-profits

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About The Author

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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