The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, ...
Michael Kors and Versace Sales Tumble
Luxury-brand owner Capri Holdings said it is re-evaluating its strategy after sales of Michael Kors, Versace and Jimmy Choo ...
Capri's CEO says Versace's revenue sank because it made 2 mistakes
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Business Insider India6y
Michael Kors is buying Versace in a $2.12 billion deal. Here's the full story of how Versace became so iconic.
Michael Kors has agreed to buy the Italian fashion house Versace in a $2.12 billion deal. As part of the deal, Michael Kors is changing its name to Capri Holdings. The company says it aims to grow ...
Yahoo6d
Capri Hit Hard by $675M Impairment Charge in Q3
Capri Holdings is still looking for its footing. The company, which owns Michael Kors, Versace and Jimmy Choo, logged a $675 million non-cash impairment charge against its assets in the third ...
World Finance6y
Michael Kors buys Versace for $2.1bn
The Versace family has owned the eponymous luxury clothing brand since its inception in 1978, but the company is now set to be incorporated into a new global conglomerate Donatella Versace has run the ...
Reuters7d
Michael Kors-owner Capri's bleak forecast signals slow luxury demand recovery
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 ...
Wall Street Journal6d
The Plan to Revive Michael Kors and Versace Tanked Their Sales Instead
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 ...