Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael ...
Capri Holdings is still looking for its footing. The company, which owns Michael Kors, Versace and Jimmy Choo, logged a ...
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a near-12% decline in quarterly revenue and a net loss of $547 million. The ...
New York-based designer brand Michael Kors has extended its licensing agreement with the Fossil Group to continue creating its watches and jewellery.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
The designer went back to his core, reasserting his tailoring power with polished but easy suiting, modern-looking layers, ...