Capri wants Versace to be a top luxury brand in the leather goods segment

Handbags are pushing Versace beyond expectations. So much that “Our goal is that of repositioning Versace as a top luxury brand in the leather goods segment”, says the CEO of Capri Holdings, John Idol, to analysts. “In terms of profitability, we are about 18 months early compared to our initial forecasts”, continues Idol, saying he…