Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
When Coach parent company Tapestry announced it would buy archrival Capri Holding for $8.5 billion in the summer of 2023, it ...
Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...
Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a ...
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
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.
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 Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...