Insiders allege Capri Holdings CEO John D. Idol has failed big name fashion brands, including Jimmy Choo: “He’s taken the heart out of them.” ...

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 ...

Idol, the chief executive officer of Capri Holdings, which owns Versace as well as Michael Kors and Jimmy Choo, called the decision “part of a thoughtful succession plan.” The change comes as ...

Donatella Versace will step away from her role as chief creative officer and move into the position of chief brand ambassador ...

It operates through the following segments: Versace, Jimmy Choo and Michael Kors. The Versace segment sells Versace luxury ready-to-wear, accessories, footwear and home furnishings through ...

Let's dive in. In 2017, Michael Kors Holdings set out to become a global fashion luxury group. It first acquired Jimmy Choo, for $1.35 billion. A year later, they acquired Versace, for $2.12 billion.

The multi-millionaire CEO of Capri Holdings made his fortune at America’s biggest brands, from Donna Karan to Michael Kors, before buying Italian design house Versace for $2.1 billion in ...