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 ...
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to 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 Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...
Problems at Versace, Michael Kors and Jimmy Choo led to a company-wide revenue decline of more than 11% in the third quarter ...
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
Capri Holdings Ltd. engages in the design and ... It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...