Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Problems at Versace, Michael Kors and Jimmy Choo led to a company-wide revenue decline of more than 11% in the third quarter ...
The designer went back to his core, reasserting his tailoring power with polished but easy suiting, modern-looking layers, ...
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...
NEW YORK, NY / ACCESS Newswire / February 11, 2025 / If you suffered a loss on your Capri Holdings Limited (NYSE:CPRI) investment and want to ...
Sales of Michael Kors, Versace and Jimmy Choo fall in Q3 Logs Q3 adj. profit of 45 cents/share vs est. of 66 cents Shares tumble about 14% Feb 5 (Reuters) - Capri Holdings (CPRI.N), opens new tab ...
Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third ...
Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo tumbled in the latest quarter. The company reported a near-12% decline in ...
Capri Holdings faces challenges with potential exits of Versace and Jimmy Choo, impacting its luxury conglomerate ambitions.
Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
Capri Holdings Ltd. engages in the design and ... It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear ...
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