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 near-12% decline in quarterly revenue and a net loss of $547 million. The ...

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 ...

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

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

NEW YORK, NY / ACCESS Newswire / February 11, 2025 / If you suffered a loss on your Capri Holdings Limited (NYSE:CPRI) investment and want to ...

Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...

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

Capri Holdings’ revenue fell 11.6% year over year to $1.3 billion for the third quarter of fiscal 2025, according to a Wednesday release. At Michael Kors, the company’s biggest brand ...

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