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

Fashion executive John Idol owned up to some big mistakes Wednesday: In trying to revive sales for Michael Kors and Versace, his company tanked them instead. Steep price increases and other ...

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A: John Idol, CEO, noted that the competitive landscape hasn't become more promotional, but the consumer is more selective. The company has adjusted its pricing strategy, particularly for Michael ...

Capri Chief Executive John Idol had conceded that an attempt to raise prices had backfired. Ralph Lauren shares rallied after the maker of male luxury clothing posted earnings ahead of some ...

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 ...

“Our business remained challenged during the quarter, and we are disappointed with our results,” said John Idol, chairman and chief executive officer, on a conference call with analysts. Idol had been ...

I finished my audition and there were about 10 seconds of silence at that point I thought oh no I’ve stuffed it. I’ve just ...