Michael Kors Holdings Ltd. lowered its revenue and earnings outlook for the fiscal year and released a downbeat forecast for the key holiday season, defying the hopeful signs reported among the ...

Capri Holdings Ltd.’s stock slid 27% Wednesday, putting it on track for its biggest percentage decline since March 16, 2020, after the parent company of Michael Kors, Jimmy Choo and Versace ...

Simply sign up to the Retail & Consumer industry myFT Digest -- delivered directly to your inbox. Michael Kors on Wednesday posted a sharp drop in an important sales metric, and revealed a ...

NEW YORK - Michael Kors Holdings (KORS) plans to close up to 125 stores over the next two years with continued weak sales at its luxury stores. The London company also issued a weak outlook ...