Jimmy Choo’s focus on expanding its casual shoe offering as well as its accessories assortment helped the luxury brand exceed expectations in the third quarter of fiscal 2026.
John Idol, chairman and chief executive officer of Jimmy Choo parent company Capri Holdings, told analysts on its earnings call on Tuesday that he is “excited about the growth” seen at the shoe and accessories brand this quarter.
“We continue to believe that [Jimmy Choo] will be an $800 million business for us over the next few years,” Idol said on the call. “And we’re excited about the fact that we think the accessories part of that business is a very big opportunity for us, and [excited about] the response that we’re getting from not only the consumers but from our wholesale partners around the globe.”
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In the third quarter, Jimmy Choo reported revenues up 5 percent to $167 million, or 1.9 percent in constant currencies, compared to the prior year. Global retail sales trends improved sequentially, increasing low single digits for the brand, while wholesale revenue increased double digits. led by high single-digit increases in North American department stores.
Looking at total Jimmy Choo revenue by geography, the Americas jumped 23 percent, EMEA increased 3 percent and Asia declined 10 percent.
In terms of product, the CEO mentioned that Jimmy Choo’s strategy remains focused on further developing accessories and expanding the brand’s casual footwear offering to “support sustainable long-term growth.”
Within accessories, momentum was “encouraging” as the brand’s core groups delivered high single-digit growth in the full price channel. Idol cited the strength of Jimmy Choo’s Bon Bon line of handbags, which saw sales increase double-digits in Q3.
As for footwear, Idol said Jimmy Choo saw strength across multiple styles, including casual boots, sneakers, loafers and ballerina flats. He also noted that the brand’s holiday collection “performed well” as crystal detailing, playful ribbons, deep tones and enriched textures “resonated” with consumers.
“We see significant opportunity to further scale casual footwear, supporting increased lifetime value among existing consumers as well as new customer acquisition,” the CEO told analysts.
Looking ahead, Idol noted that the company anticipates a sequential improvement in retail trends in the fourth quarter, and a return to growth in fiscal 2027. Revenues for the full fiscal year 2026 for Jimmy Choo are expected to be between $590 million and $600 million.
“We are encouraged with the momentum we are seeing at Jimmy Choo and remain confident in our strategies to unlock the brand’s unique potential and further strengthen its position within the world of fashion luxury,” Idol added.