When Coach parent company Tapestry announced it would buy archrival Capri Holding for $8.5 billion in the summer of 2023, it ...
Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...
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 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 CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
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% ...
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
Holmes opted for a strapless black sheath dress from Michael Kors Collection. The dress featured origami-inspired folds at ...
(Reuters) - Capri Holdings forecast annual revenue below estimates on Wednesday, as the Michael Kors owner grappled with ...