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.

Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...

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

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

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

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

Coach’s parent company reported the results less than two months after calling off its merger with fashion accessories ...

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.

Consumer companies fell after mixed earnings. Shares of Capri Holdings slid after Chief Executive John Idols conceded that steep price increases backfired, helping to induce a nearly 12% decline in ...

Capri Holdings (Versace, Michael Kors) has had to admit a double-digit sales drop in its latest quarter due to "poor strategic decisions".