Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.

In November, after the Tapestry deal fell through, Capri chairman and chief executive officer John Idol laid out his vision for Jimmy Choo and looked back at its recent past. “To accelerate ...

“Overall our business remained challenged during the quarter and we were disappointed with our results,” said John Idol, chairman and chief executive officer. “We are reevaluating our ...

John Idol explained that competitive dynamics remain unchanged, with consumers becoming more price-sensitive, particularly at Michael Kors. CFO Edwards highlighted expectations for modest gross ...

Capri Chief Executive John Idol had conceded that an attempt to raise prices had backfired. Ralph Lauren shares rallied after the maker of male luxury clothing posted earnings ahead of some ...