Capri Tried to Fix Michael Kors and Versace. It Tanked Their Sales Instead.
Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.
Capri forecasts $4.4B FY 2025 revenue with recovery expected in FY 2026
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% ...
Capri Hit Hard by $675M Impairment Charge in Q3
The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.
Capri Holdings reports Q3 adjusted EPS 45c, consensus 65c
Reports Q3 revenue $1.26B, consensus $1.26B. John D. Idol, the Company’s Chairman and EO, said, “Overall our business remained challenged ...
Michael Kors-owner Capri's bleak forecast signals slow luxury demand recovery
Capri Holdings forecast revenue for the year as well as fiscal 2026 below Wall Street estimates on Wednesday, as the Michael ...
‘Real Housewives of Beverly Hills’: Dorit’s Marriage Implodes Before Our Eyes
From accusing Lisa Rinna of a pill addiction to that time they dressed as bank robbers for a confessional, Bravo’s most ...
Blake Lively and Anna Kendrick’s ‘A Simple Favor’ Sequel Gets Official Title and Sets SXSW Opening Night Premiere
The sequel to “A Simple Favor,” the 2018 comedic thriller directed by Paul Feig and starring Blake Lively and Anna Kendrick, ...
'Lush' Italian island with crystal clear waters and hot springs that's cheaper than Capri
Ischia in Campaigna, Italy, has been named as the most popular romantic holiday destination for couples, with the island ...
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Painting Found In A Basement By A Junk Dealer In 1962 Turns Out To Be A Picasso Valued At $6.6 Million
In 1962, an Italian junk dealer named Luigi Lo Rosso was searching the basement of a villa on the island of Capri. He was ...