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

Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo ...

Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.

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 Ltd (CPRI) faces a challenging quarter with a 12% revenue drop, while focusing on strategic pricing and brand repositioning to drive future growth.

Problems at Versace, Michael Kors and Jimmy Choo led to a company-wide revenue decline of more than 11% in the third quarter ...

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

CFO Thomas J. Edwards Jr. reported total company revenue of $1.3 billion, a 12% year-over-year decrease, citing declines across all brands and geographies. Operating margin was 6%, down from 12.1% ...

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

Nicole Scherzinger put a sparkling spin on the skirt suit at a Michael Kors cocktail party at the legendary Bemelmans Bar on ...

As expected, the US fashion group Capri Holdings Limited suffered significant revenue losses in the third quarter of fiscal ...