JJimmy Choo is a British luxury fashion house that designs and sells high-end accessories including shoes, handbags, small leather goods, scarves, sunglasses, eyewear, belts, fragrance, and men’s shoes. It produces these items with fine Italian craftsmanship and markets them as a cohesive lifestyle brand across multiple categories through a global network of over 150 stores and luxury retailers. It differentiates itself with a glamorous, timeless, and playful aesthetic, a strong heritage, and backing by Capri Holdings that provides scale and consistent quality. Its goal is to sustain and grow a globally recognized luxury brand known for exceptional quality, craftsmanship, and inclusive culture.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.2B
Headquarters
London, United Kingdom
Founded
1996
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Total Funding
$1.2B
Above
Industry Average
Funded Over
1 Rounds
Jimmy Choo revenue rose 11.5% to $146 million in the quarter ended September 26, parent company Capri Holdings said. It was the brand's second straight quarter of double-digit growth. Gross profit was $104 million, with a gross margin of 71.2%, up from 70.2% a year earlier. Operating income was $2 million, against a loss of $9 million a year ago. Chairman and chief executive officer John D. Idol credited strong demand for dress and casual shoes, with double-digit gains in North American department stores. He said the brand is attracting younger customers. Capri expects Jimmy Choo revenue of $650 million for fiscal 2027 and $175 million in the third quarter. Idol reiterated a goal of $800 million in revenue and low double-digit operating margins.
Jimmy Choo delivered strong first-quarter results for Capri Holdings, with revenues rising 10.5% year-over-year to $179 million. Growth was broad-based across regions, with Americas revenues climbing 26.1% to $58 million, EMEA increasing 5.1% to $82 million, and Asia up 2.6% to $39 million. Direct retail sales and wholesale revenues both grew by low double digits. Marketing initiatives, including the Natural Reflection campaign and influencer partnerships, generated nearly 50 million impressions and drove a 40% increase in VIC sales. Operating income jumped to $13 million from $4 million, whilst operating margin expanded 480 basis points to 7.3%. Capri expects Jimmy Choo revenues of approximately $635 million for fiscal 2027, targeting $800 million longer term.
Capri Holdings CEO John Idol confirmed that Jimmy Choo will remain part of the company's portfolio during a recent conference, dismissing speculation about a potential sale. He outlined plans to improve Jimmy Choo's margins from a small operating loss to double digits, focusing on store productivity and accessories. Idol described strong brand performance, including 20% growth in North America. The comments come as Capri shares trade at $18.60, down 23.7% year-to-date and 66.6% over five years. The decision to retain Jimmy Choo as a core asset signals management's focus on fixing and growing the brand rather than divesting it. However, ongoing losses at Jimmy Choo reflect broader margin pressures affecting the group, including its Michael Kors brand, which may slow any turnaround efforts.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$1.2B
Headquarters
London, United Kingdom
Founded
1996
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