Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael ...
Nicole Scherzinger put a sparkling spin on the skirt suit at a Michael Kors cocktail party at the legendary Bemelmans Bar on ...
Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a ...
Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
CPRI reports fiscal third-quarter results, with revenues and earnings declining Y/Y due to weaker global demand for luxury ...
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% ...
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
Problems at Versace, Michael Kors and Jimmy Choo led to a company-wide revenue decline of more than 11% in the third quarter of fiscal 2025.
Shares of Capri Holdings (CPRI) — the parent company of luxury brands Michael Kors, Versace, and Jimmy Choo — are declining after the company missed fiscal third quarter earnings estimates on both ...