Capri Holdings forecast revenue for this financial year and 2026 below Wall Street estimates on Wednesday, as the Michael ...
Although the proposed sale failed, Tapestry’s interest in acquiring Capri highlights the value of its brands. Moreover, Capri's acceptance of the offer suggests that it is open to selling one or more ...
Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a near-12% decline in quarterly revenue and a net loss of $547 million. The ...
Tamara Mellon is feeling nostalgic - and thinking about bringing her Jimmy Choo past back into her present. Mellon, who ...
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 ...
Versace revenue is projected at $200 million, Jimmy Choo at $125 million, and Michael Kors at $650 million. FY 2025 revenue is forecasted at $4.4 billion with operating income of approximately ...
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 ...
At Michael Kors, the company’s biggest brand, year-over-year revenue declined about 12% to $909 million. Versace revenue fell 15% to $193 million, while revenue at Jimmy Choo dropped about 4% to ...
Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, ...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group known for its brands Versace, Jimmy Choo, and Michael Kors, released its third-quarter earnings on February 5, 2025. The company ...