Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
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 Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a ...
Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...
Q3 2025 Earnings Call Transcript February 5, 2025 Capri Holdings Limited misses on earnings expectations. Reported EPS is ...
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
Michael Kors celebrated the opening of his new Madison Avenue boutique with help from Katie Holmes. The actress attended a ...