Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.

Philippa Newman has been promoted to chief brand and product officer at Capri Holdings Ltd., effective immediately. In this ...

Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael ...

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 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 ...

Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...

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

The designer went back to his core, reasserting his tailoring power with polished but easy suiting, modern-looking layers, ...

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

Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo tumbled in the latest quarter. The company reported a near-12% decline in ...

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

Capri Holdings (CPRI) promoted Philippa Newman to Chief Brand and Product Officer, effective immediately. Newman has been with Michael Kors for ...