Michael Kors owner Capri furloughs all North America store staff

Michael Kors owner Capri furloughs all North America store staff

Channel NewsAsia - Business·2020-04-06 23:40

Michael Kors owner Capri Holdings Ltd said on Monday it would furlough all its 7,000 employees in North America amid the coronavirus pandemic, as it expects to open its stores only after June 1.

FILE PHOTO: The logo of Michael Kors is seen on an outlet store in Metzingen, Germany, June 16, 2017. REUTERS/Michaela Rehle

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