Owner Capri says its quarterly revenue fell nearly 12% after sharp price increases and other missteps.

Luxury fashion group Capri Holdings has promoted Philippa Newman to the role of chief brand and product officer. In her new ...

The company’s shares fell 11% in Wednesday morning trading. Capri Chief Executive John Idol said Kors and Versace raised prices too much over the past 24 months. As customers became more picky ...

John Idol explained that competitive dynamics remain unchanged, with consumers becoming more price-sensitive, particularly at Michael Kors. CFO Edwards highlighted expectations for modest gross ...