Shares in Capri Holdings, which last month struck a deal to sell its Versace luxury brand, are dropping in premarket trading ...

When Coach parent company Tapestry announced it would buy archrival Capri Holdings for $8.5 billion in the summer of 2023, it touted the move as a union that would give birth to an American luxury ...

Capri is led by Michael Kors (68% of fiscal 2024 sales), a major brand in the attractive midtier handbag market. However, we believe it lacks the brand strength to provide an economic moat for ...

The multi-millionaire CEO of Capri Holdings made his fortune at America’s biggest brands, from Donna Karan to Michael Kors, before buying Italian design house Versace for $2.1 billion in ...

Capri Holdings Limited has appointed its chairman and CEO, John D. Idol, to the role of CEO at Michael Kors, according to a Tuesday press release. Idol will take on the role as an additional title ...

(Reuters) - Capri Holdings may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with Amazon.com for its Michael Kors brand following its ...

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.

Capri unit Michael Kors' Rajal Mehta will become the interim CFO of the parent firm, the company said.

Capri joins several retailers to signal price hikes Tops estimates for quarterly revenue on Michael Kors demand Imports about 5% of U.S.-bound products from China On track to close sale of Versace ...

The deal, if approved, would put six fashion brands under a single company: Tapestry’s Coach, Kate Spade and Stuart Weitzman, with Capri’s Versace, Jimmy Choo and Michael Kors. The FTC on ...

Meanwhile, in a rare move for a luxury brand and a signal that Capri is putting less emphasis on an upscale image for Michael Kors, Capri in March launched its first official Amazon storefront for ...