The way this management team confidently talks to planned growth...

The way this management team confidently talks to planned growth of its brands, at an individual brand level, is really inspiring as to what can be achieved at CCX.

Capri Holdings Ltd (CPRI) Presents at Investor Day Broker Conference Call - (Transcript) $CPRI

https://seekingalpha.com/article/4268377

excerpt below:


..,”So that winds us up, in our opinion, to be able to take Capri Holdings from its current $6 billion in revenues to approximately $8 billion in revenues. We intend on taking Michael Kors for $4.5 billion to $5 billion, and we'll talk about that later. That will be predominantly driven from Asia and from our men's businesses, both of which are performing. Second, Versace will go from approximately $900 million to $2 billion, and this is below the goal that we have to be the second largest Italian luxury goods company in the world. But it's the first target that we have. And we feel -- the management team led by Jonathan, Donatella and myself feel very strongly that we will be able to achieve this goal and target. And then lastly, Jimmy Choo from approximately $600 million to $1 billion. And again, under Pierre's leadership, I think we've demonstrated our ability to execute on opening new stores, broadening the accessories category and being able to reinvigorate the brand. So we're very proud of what we've been able to do quickly with both Versace and with Jimmy Choo and stabilizing Michael Kors with the idea of growing all three of our houses to approximately $8 billion.”..,