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Capri chairman and CEO John D Idol said the divestment will help reduce debt and improve leverage, allowing Capri to refocus on Michael Kors and Jimmy Choo, which it expects to stabilise this year and return to growth by fiscal ****.
Immediate shake-up
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
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