Nov 7 (Reuters) - Versace-parent Capri Holdings ( CPRI ) posted a
bigger-than-expected drop in quarterly revenue on Thursday, hurt
by execution missteps across brands and a global slowdown in
luxury goods demand.
The company's net revenue fell 16.4% to $1.08 billion from a
year earlier. Analysts were expecting an 8.7% decline to $1.18
billion, according to data compiled by LSEG.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil
D'Silva)