The luxury conglomerate’s third-quarter report showed a 25% drop in year-over-year revenue at Gucci and an overall 16% sales drop across its brands. Saint Laurent posted a 12% sales drop, and sales at ...
The announcement sent shares of Capri (CPRI) - the owner of Versace, Jimmy Choo and Michael Kors - down 45% in after-hours trade. Shares of Tapestry (TPR) - which oversees Coach, Kate Spade and Stuart ...