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 ...

Capri and Tapestry internally considered Coach and Michael Kors to be each other's closest and most direct competitors; (d) conversely, Capri and Tapestry did not internally consider their handbag ...

Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a ...

The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.

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 ...

Michael Kors has closed its downtown Montreal flagship on Ste-Catherine Street, ending its presence at the prominent retail ...

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.

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

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 ...

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