Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like Michael Kors and Versace.
The world's largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name ...
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range ...
Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...
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% ...
Nicole Scherzinger put a sparkling spin on the skirt suit at a Michael Kors cocktail party at the legendary Bemelmans Bar on ...
Australia's Macquarie is set to shutter its U.S. debt capital markets arm, as it plans to focus its resources on private ...
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Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
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