Capri Holdings (Versace, Michael Kors) has had to admit a double-digit sales drop in its latest quarter due to "poor strategic decisions".
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When Coach parent company Tapestry announced it would buy archrival Capri Holding for $8.5 billion in the summer of 2023, it ...
The top-line growth was led by Coach, which pushed sales up 11 percent to $1.7 billion. Offsetting that increase were both ...
Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like ...
Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.
Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.
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Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging operating environment.
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% ...
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Capri Holdings (CPRI) experiences double-digit revenue declines for its Versace and Michael Kors labels, leading to ...
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