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Jimmy Choo Push Capri Outlook Up as Michael Kors Weakness No Stop Shares

Capri don raise im full-year profit outlook after strong growth for Jimmy Choo help cover di weakness for Michael Kors, and di company shares jump after di update. BigGo Finance report say di fashion group lift di forecast even though Jimmy Choo dey offset Michael Kors weakness.

TradingView report also note say margin gains and Jimmy Choo growth support di raised FY27 guidance, even as Capri Q2 revenue come lower. Di report put di improvement for margins and Jimmy Choo side as key reasons behind di stronger full-year guidance.

WWD report say Jimmy Choo momentum dey grow as shoes reclaim spotlight for fashion. Di headline from WWD point to renewed attention on di shoe business as di brand continue to move.