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

“Overall our business remained challenged during the quarter and we were disappointed with our results,” said John Idol, chairman and chief executive officer. “We are reevaluating our ...

In its second quarter 2025 earnings reported the same day as Tapestry, CEO John Idol said “Overall, we were disappointed with our second quarter results.” I’ll say. Revenues declined 16% to ...

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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 ...