Prada Buys Versace From Capri for Nearly $1.4B
Fashion conglomerate Capri Holdings (CPRI) has agreed to sell Italian luxury brand Versace to Prada for almost $1.4 billion, a deal that had been anticipated but reportedly had been at risk of collapsing because of market turmoil in the wake of President Donald Trump's tariffs.
Capri Holdings Stock Outlook Bolstered By Likely Versace Sale - Strong Buy Reiterated
Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, has seen its stock price in the dumps. Revenue declines, and poor profitability for Versace and Jimmy Choo, suggest that Capri's North American management have been unable to successfully fold these international brands into the main Kors business. CPRI stock recently tumbled as much as -40% on U.S. import tariff fears, and indeed the Michael Kors segment is highly exposed to tariffs.
Macy's Hires Dual Finance-Operations Chief From Capri
Macy's hired Thomas Edwards to be its next CFO and COO, roles he has held at Versace owner Capri Holdings for eight years.
Michael Kors owner Capri's CFO Edwards to join Macy's as finance head
Capri Holdings's finance chief Thomas Edwards will leave the company to join department store chain Macy's as its chief financial officer.
GAP vs. CPRI: Which Stock Is the Better Value Option?
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Gap (GAP) and Capri Holdings (CPRI). But which of these two stocks is more attractive to value investors?
Capri Holdings (CPRI) Up 1.6% Since Last Earnings Report: Can It Continue?
Capri Holdings (CPRI) reported earnings 30 days ago. What's next for the stock?
Capri may sell struggling Versace to Prada. That's boosting Capri's stock.
Versace would return to Italian ownership after it was acquired by Michael Kors in 2018.
Investing in Capri Holdings (CPRI)? Don't Miss Assessing Its International Revenue Trends
Examine the evolution of Capri Holdings' (CPRI) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Capri Holdings Q3 Earnings Miss Estimates, Gross Margin Declines Y/Y
CPRI reports fiscal third-quarter results, with revenues and earnings declining Y/Y due to weaker global demand for luxury fashion. Also, gross margin contracted Y/Y.
Capri Holdings Limited (CPRI) Q3 2025 Earnings Call Transcript
Capri Holdings Limited (NYSE:CPRI ) Q3 2025 Earnings Call February 5, 2025 8:30 AM ET Company Participants Jennifer Davis - VP, IR John D. Idol - Chairman and CEO Thomas J.
Capri Holdings (CPRI) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Capri Holdings (CPRI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Capri Holdings (CPRI) Misses Q3 Earnings Estimates
Capri Holdings (CPRI) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.20 per share a year ago.
