Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.

Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.

Missteps by previous management has led the British retailer's CEO to caution that a turnaround will take up to three years.

Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.

Julian Dunkerton won a bitter battle to rejoin the board in April, prompting the resignation of all its directors.

The reshuffle comes two months after the return of Superdry founder Julian Dunkerton sparked the resignation of most of the board.

The reshuffle comes two months after the return of Superdry founder Julian Dunkerton sparked the resignation of most of the board.

The warning comes just over a month after Julian Dunkerton returned to lead a turnaround.

The warning comes just over a month after Julian Dunkerton returned to lead a turnaround.
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The return of Julian Dunkerton sparked the exit of most of its board members, including top executives.

The return of Julian Dunkerton sparked the exit of most of its board members, including top executives.

The apparel retailer's board had opposed founder Julian Dunkerton's return, saying it would be highly disruptive and could trigger resignations.

The apparel retailer's board had opposed founder Julian Dunkerton's return, saying it would be highly disruptive and could trigger resignations.

Superdry, shares in which slumped 68 percent over the last year, has already said that it does not want founder Julian Dunkerton back, asking shareholders to vote against him

Superdry, shares in which slumped 68 percent over the last year, has already said that it does not want founder Julian Dunkerton back, asking shareholders to vote against him
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Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
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The UK retailer said it benefited from sunny weather and the release of some “pent-up demand” in the Middle East and northern Europe.