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Image source: Getty Images. Capri comes up short. The parent company of Michael Kors, Jimmy Choo, and Versace said that revenue in the quarter fell 16.4% to $1.08 billion, which missed estimates ...
Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry , owner of Coach New York and Kate Spade , offered to buy Capri for $8.5 billion in 2023, [ 7 ] [ 8 ] but called off the acquisition after it was blocked by a federal judge the following year.
Image source: Getty Images. Tapestry. The government's blocking of the deal with Capri could be the best thing for Tapestry. The company will have to pay Capri up to $50 million if the deal is ...
Meanwhile, Capri Holdings, the fashion luxury group consisting of brands Versace, Jimmy Choo and Michael Kors, also announced its strategies to return to growth, which its management will discuss ...
Baker's Drive-Thru; Ballast Point Brewing Company; Banana Republic; Bank of America Home Loans; Bank of the West; BatchMaster Software; BAX Global; bebe stores
Capri Holdings (), the parent company of Michael Kors and Jimmy Choo, saw shares plunge around 47% in early trading on Friday after a US judge blocked its pending $8.5 billion acquisition by Coach ...
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In today's video, I will discuss the Tapestry and Capri Holdings (NYSE: CPRI) merger that is currently being blocked. Check out the short video to learn more, consider subscribing, and click the ...