Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo ...
Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
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 CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
CFO Thomas J. Edwards Jr. reported total company revenue of $1.3 billion, a 12% year-over-year decrease, citing declines across all brands and geographies. Operating margin was 6%, down from 12.1% ...
Nicole Scherzinger put a sparkling spin on the skirt suit at a Michael Kors cocktail party at the legendary Bemelmans Bar on ...
Sales of Michael Kors, Versace and Jimmy Choo fall in Q3 Logs Q3 adj. profit of 45 cents/share vs est. of 66 cents Shares tumble about 14% Feb 5 (Reuters) - Capri Holdings (CPRI.N), opens new tab ...
NNew details were released after an El Paso man was arrested for allegedly breaking into and stealing items from inside ...
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