The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
Yahoo5d
Capri Hit Hard by $675M Impairment Charge in Q3
“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 ...
NBC New York5d
After calling off merger, Coach parent Tapestry's holiday sales soar
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 ...
Australian Idol’s Perth contestant John Van Beek lands himself show’s coveted golden ticket
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 ...
Wall Street Journal4d
The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
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 ...