Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.

Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like Michael Kors and Versace.

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

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Based on over 2,800 ratings, this Versace men's fragrance is rated 4.6 stars out of five.

Capri Holdings Limited faced a tough fiscal third quarter, coming up short on earnings expectations amid a challenging ...