1009 ET - Capri Holdings CEO John Idol says Gen Z shoppers are more price sensitive than Millennials, Gen Xers and Baby Boomers. In recent years, the owner of Michael Kors and Jimmy Choo raised prices too much. Capri has been reducing prices, particularly in apparel, without reducing quality. Idol says the price reductions are helping it attract Gen Z shoppers. Capri is off 3%. (suzanne.kapner@wsj.com)
(END) Dow Jones Newswires
November 04, 2025 10:09 ET (15:09 GMT)
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