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 the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...

Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a ...

The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.

Michael Kors has closed its downtown Montreal flagship on Ste-Catherine Street, ending its presence at the prominent retail ...

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 Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.

Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.

Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...

(Reuters) -Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael Kors owner looks to rebuild its business amid slowing luxury ...