Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, ...
Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo ...
Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations.
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
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.
Versace revenue of $193 million decreased 15% on both a reported and constant currency basis compared to prior year. Jimmy ...
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through ...