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 CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like Michael Kors and Versace.

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

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

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.

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

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 ...

Enel North America, a clean energy, has started operations at the Estonian solar + storage plant in Delta County, Texas. The 202-MW solar PV facility is ...

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 ...

Shares of Capri Holdings Ltd. ($CPRI) fell more than 10% on Wednesday after the luxury fashion group reported a third-quarter ...