Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.

Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo ...

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

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

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 ...

Capri Holdings Ltd (CPRI) faces a challenging quarter with a 12% revenue drop, while focusing on strategic pricing and brand repositioning to drive future growth.

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

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% ...

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

CPRI reports fiscal third-quarter results, with revenues and earnings declining Y/Y due to weaker global demand for luxury ...

As expected, the US fashion group Capri Holdings Limited suffered significant revenue losses in the third quarter of fiscal ...