This is not the first time Capri is looking at a divestiture. The company earlier agreed to sell Versace, Michael Kors, and Jimmy Choo to Tapestry, Inc. (TPR) for $8.5 billion. However, after ...

Since reporting Q3 FY25 in February, Capri has made several notable announcements, including long-term brand-specific targets ...

Capri Holdings, which owns luxury brands such as Versace, Michael Kors and Jimmy Choo, has disclosed total revenue of $1.04bn in the fourth quarter (Q4) of fiscal 2025 (FY25) - a decrease of 15.4% ...

The proposed sale of Versace to Prada Group may help pay down debt, but steep losses at Michael Kors and soft sales at Jimmy Choo continued to drag down revenue.

Shares in Capri Holdings, which last month struck a deal to sell its Versace luxury brand, are dropping in premarket trading ...

ROME — The Prada Group announced a deal Thursday to buy crosstown Milan fashion rival Versace from the U.S. luxury group Capri Holdings under terms that values one of the most recognizable names ...

Versace is heading home to Italy. Prada Group has acquired the storied Italian fashion house from Capri Holdings, the companies announced today, for €1.25 billion pending approval.

We came across a bullish thesis on Capri Holdings Limited (CPRI) on Substack by Paul Cerro. In this article, we will ...

Deeper loss in fourth quarter despite sales decline. Versace sale to Prada is imminent. Outlook for 2025/26 without Versace.

The luxury retailer downgraded its revenue forecast for fiscal 2026, warning that tariff-related uncertainty and currency ...

Capri has narrowed down its focus on Michael Kors fashion brand, while jettisoning the underperforming Versace label to Italian rival Prada following a failed attempt to merge with rival and ...

The Prada Group announced a deal Thursday to buy Italy's Versace from the U.S. luxury group Capri Holdings under terms that value the fashion house at 1.25 billion euros ($1.4 billion).