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

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

Capri Holdings forecast revenue for this financial year and 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 near-12% decline in quarterly revenue and a net loss of $547 million. The ...

The designer went back to his core, reasserting his tailoring power with polished but easy suiting, modern-looking layers, ...

NEW YORK, NY / ACCESS Newswire / February 11, 2025 / If you suffered a loss on your Capri Holdings Limited (NYSE:CPRI) investment and want to ...

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

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

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 ...

Sales of Michael Kors, Versace and Jimmy Choo fall in Q3 Logs Q3 adj. profit of 45 cents/share vs est. of 66 cents Shares tumble about 14% Feb 5 (Reuters) - Capri Holdings (CPRI.N), opens new tab ...

(Reuters) -Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael Kors owner looks to rebuild its business amid slowing luxury ...