Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.

The CEO of Versace's parent company says the brand made two mistakes that caused its sales to slip. Capri Holdings, owner of Versace, Jimmy Choo, and Michael Kors, reported a 15% dip in Versace's ...

Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors brands, has reported total revenue of $1.26bn in the third quarter (Q3) of the fiscal year 2025 (FY25) - 11.6% down from $1.42bn ...

“Overall our business remained challenged during the quarter and we were disappointed with our results,” said John Idol, chairman and chief executive officer. “We are reevaluating our ...

Capri Chief Executive John Idol had conceded that an attempt to raise prices had backfired. Ralph Lauren shares rallied after the maker of male luxury clothing posted earnings ahead of some ...