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

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

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 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 ...

Michael Kors has closed its downtown Montreal flagship on Ste-Catherine Street, ending its presence at the prominent retail ...

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

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

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 Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...