Capri Holdings Taps Philippa Newman
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 is still looking for its footing. The company, which owns Michael Kors, Versace and Jimmy Choo, logged a ...
Capri is led by Michael Kors (68% of fiscal 2024 sales), a major brand in the attractive midtier handbag market. However, we believe it lacks the brand strength to provide an economic moat for ...
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 ...
Problems at Versace, Michael Kors and Jimmy Choo led to a company-wide revenue decline of more than 11% in the third quarter ...
The designer went back to his core, reasserting his tailoring power with polished but easy suiting, modern-looking layers, ...
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 ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
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