Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
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 ...
Capri Holdings Limited (NYSE:CPRI) shares are trading lower in the premarket session on Wednesday. The company reported that ...
Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo tumbled in the latest quarter. The company reported a near-12% decline in ...
As expected, the US fashion group Capri Holdings Limited suffered significant revenue losses in the third quarter of fiscal ...
FY25 revenue includes a negative impact of approximately $40M from foreign currency; Adjusted operating income of approximately $100M; Ending ...
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