Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...
Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations. Rival Capri Holdings, ...
Sales of Michael Kors, Versace and Jimmy Choo fall in Q3 Logs ... as the Michael Kors owner looks to rebuild its business amid slowing luxury demand, especially in Asia and the Americas.
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
Indianapolis-based Simon is the new owner of two Italian luxury outlet malls where the roster of shops includes Armani, ...
A January report said Versace’s contract with her brand’s owner, Capri Holdings, expires in February. Chatter from Milan wonders if that deal will be renewed. “Donatella isn’t just a great ...
Capri is now widely expected to sell Versace. Although the Michael Kors owner acquired the label back in in 2018 from the Versace family and minority shareholder Blackstone Group, it is still ...
Set on 27.35ha amid the rolling hills of Woorarra West, near Foster, owners Fabio Versace and Louise Martin-Versace have put their old world-esque house up for sale. Mr Versace built the home ...
The net loss further increased to 547 million dollars (510 million euros). Versace even suffered a 15 % drop in sales to 193 million dollars (180 million euros): that was at least partly due to wrong ...