Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...

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.

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

Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.

(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 ...

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

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

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 ...

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% ...

(Reuters) -Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael Kors owner grapples with slowing demand for luxury goods, ...