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, ...
Versace, Michael Kors sales plunge
Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like Michael Kors and Versace.
Consumer Cos Down After Mixed Earnings - Consumer Roundup
Consumer companies fell after mixed earnings. Shares of Capri Holdings slid after Chief Executive John Idols conceded that steep price increases backfired, helping to induce a nearly 12% decline in ...