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

“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 ...

CEO John Idol took some of the blame, saying that the company had made missteps — including cutting lower-priced accessories that helped bring in newer customers. Here is what Tapestry reported ...

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 ...

I finished my audition and there were about 10 seconds of silence at that point I thought oh no I’ve stuffed it. I’ve just ...