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

When Coach parent company Tapestry announced it would buy archrival Capri Holding for $8.5 billion in the summer of 2023, it ...

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, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...

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

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

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

CPRI reports fiscal third-quarter results, with revenues and earnings declining Y/Y due to weaker global demand for luxury ...

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 CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...